Prepare any journal entries required as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Required information 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 $17,500. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. BANK STATEMENT Deposits Checks Other $ 7,000 #301 #302 $ 10,000 5,400 9,000 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 Balance $ 17,500 24,500 14,500 9, 100 18,100 17,630 17,735 17,485 13,185 13, 120 120 #303 470 Interest earned NSF check $ 105 250 #304 4,300 Service charge 65 Cash (A) Credit Debit Balance May 1 May 1 May 7 May 29 17,500 7,000 9,000 5,400 10,000 5, 400 470 4,300 1,000 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 May 31 Balance 17,730