PROBLEM 2.5

800,000 4,100,000 3,800,000 Problem 2-5 (IAA) Zodiac Company provided the following information: Balance per book, March 31 Cash receipts for April Cash disbursements for April Outstanding checks as of April 30 of which No. 1333 had been certified: No. 1331 No. 1332 No. 1333 No. 1334 No. 1335 April debit memos were: For bank service charge For NSF check April credit memo for note collected by bank in the name of Zodiac Company Undeposited collections Balance per bank, April 30 40,000 30,000 50,000 60,000 10,000 5,000 25,000 60,000 270,000 1,000,000 Required: Prepare a bank reconciliation on April 30 following the book to bank approach and prepare adjusting entries