Problem 8-3A On May 31, 2012, Sabre Company had a cash balance per books of $7,167.50. The bank statement from New York State Bank on that date showed a balance of $6,790.60. A comparison of the statement with the cash account revealed the following facts. 1. The statement included a debit memo of $48.00 for the printing of additional company checks. were eposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $883.00. The bank credited Sabre Company for the correct amount. ay d 4. On May 18, the company issued check No. 1181 for $695 to Carol Stills on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Sabre Company for $659. the note. tocuded with the cancelledchecks was a cherk issued h Banier Company 7. On May 31, the bank statement showed an NSF charge of $672.00 for a check issued by Jo Bennett, a customer, to Sabre Company on account. Tom Lutak for $1.186 00 that shareed to Sabre Comnaqy by the ba eat has been accrued on (a) Prepare the bank reconciliation at May 31, 2012 SABRE COMPANY Bank tion y 31 2013 Add Less Adds Less (b) Prepare the necessary adjusting entries for Sabre Company at May 31, 2012. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. (To record note receivable.) (To record NSF check.T