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 Taccount for cash (summarized) are below. Martin Company's bank reconciliation at the end of April showed a cash balance of $22,800. 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 $ 9,000 #301 #302 $ 12,000 7,800 11,000 Balance, May 1 May 2 May 5 May 7 May 3 May 14 May 17 Mey 22 May 27 May 31 Balonce, May 31 Balance $ 22,800 31,800 19,800 12,000 23,000 22,410 22,620 22,250 16,750 16,645 16,645 303 590 Interest earned NSF check $ 210 370 #304 5,500 Service charge 105 Cash (A) Credit Debit Balance May 1 May 1 May 7 May 29 22,800 9,000 11,000 7,800 12,000 7,800 590 5,500 2,200 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 May 31 Balance 22,519 MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending Balance Per Cash Account Additions: Bank Statement Ending Balance Per Bank Statement Additions: 0 0 0 0 Deductions: Deductions: 0 Up-to-Date Cash Balance 0 0 $ o Up-to-Date Cash Balance $