Problem Set 3: Complete a Bank Reconciliation On May 30th, the bank statement for Wacky Waves, LLC reported an ending balance of $133,165 and the Cash Account showed an ending balance of $133,930. Bank Statement May 1 Balance Deposits 5/1 - 5/30 Cleared Checks 5/1 - 5/30 Note & Interest Collected NSF Check Service Charge Ending Balance 105,000 133,070 (107,000) 2,670 (400) (175) 133,165 Book Cash Account May 1 Balance Deposits 5/1 - 5/30 Disbursments 5/1-5/30 Ending Balance 106,380 127,000 (99,450) 133,930 Additional information: A deposit in the amount of $3150 was made on 5/30, but the bank did not retrieve it from it's after-hours deposit box until 6/1. On 5/30, the company had written checks totalling $670 that had not cleared the bank. On 5/30, there was a batch of undeposited checks totalling $700. These were recorded on the books. Check #7854 was written to Frankenstein Entertainment for $400, but should have been for $720. It was written in May and cleared the bank in the same month. The vendor will need to be paid the additional $320. The note was a $2,600 note. Part 1: Reconcile Additional Information to the Bank Statement Part 2. Create Adjusting entries for the Cash Account Part 3. Reconcile Book Cash Account Note: The bank and cash accounts should reconcile to the same amount