Required information PA5-2 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). Martin Company's bank reconciliation at the end of April showed a cash balance of $23,300. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Checks BANK STATEMENT Deposits Balance, May 1 May 2 $ 9,000 May 5 # 301 $12,000 May 7 #302 8,000 May 8 11,000 May 14 #303 600 May 17 May 22 May 27 #304 5,600 May 31 Balance, May 31 Other Balance $ 23,300 32,300 20,300 12,300 23,300 22,700 Interest $220 22,920 NSF check 380 22,540 16,940 Service charge 110 16,830 16,830 Cash (A) May 1 Balance 23,300 May 1 9,000 May 7 11,000 12,000 8,000 # 301 May 29 8,000 5,600 600 May 2 # 302 May 4 # 303 May 11 # 304 May 23 2,300 # 305 May 29 May 31 Balance 22,800