PA5-2 (Algo) Preparing a Bank Reconciliation and Journal Entries and Reporting Cash [LO 5-4, LO 5-5] [The following information applies to the questions displayed below.] The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31. The May 31 bank statement and the May T-account for cash (summarized) are below. Martin Company's bank reconciliation at the end of April showed a cash balance of $21,900. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Checks BANK STATEMENT Deposits Balance, May 1 May 2 $ 9,000 May 5 #301 May 71 May 8 May 14 May 17 #302 $ 12,000 7,400 11,000. #303 570 May 22 May 27 May 31 Balance, May 31 #304 5,300 Other Balance: $ 21,900 30,900 18,900 11,500 22,500 21,930 Interest earned NSF check $ 190 22,120 350 21,770 16,470 Service charge 95 16,375 16,375 Cash (A) Debit Credit May 1 Balance May 1 21,900 9,000 12,000 May 7 11,000 7,400 #301 May 2 #302 May 4 May 29 7,400 570 #303 May 11 5,300 #304 May 23 2,000 #305 May 29 May 317 Balance 22,030