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Required information (The following information applies to the questions displayed below) The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as
Required information (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) are below. Martin Company's bank reconciliation at the end of April showed a cash balance of $18.400 No deposits were in transit at the end of April, but a deposit was in transit at the end of May BANK STATEMENT Checks Deposits Balance Balance, May 1 S 18,400 May 2 $ 7.000 May 5 25,400 2301 $10,000 15,400 May 7 5,800 9.600 May 8 9.000 May 14 18.640 303 490 May 17 18, 110 Interest warned 5115 May 22 18,225 NSB Check 270 May 27 12.95 304 4,500 May 1 13,455 Service charge 75 balance, May 31 13,30 1,30 Other 302 Cash (A) Debit Dalance Cerit May 1 May 1 May 7 May 29 18,400 7.000 9.000 5,000 10,000 5.00 490 4.50 200 301 Hy W302 May 30 May 11 304 May 23 D3SAMO 29 May 31 Balance 18,210 Requtred: 1. Prepare a bank reconciliation for May MARTIN COMPANY Bank Reconciliation At May 31 Bank Statement Cash (A) Debit Balance Credit May 1 May 1 May 7 May 29 18,400 7.000 9,000 5,800 10,000 5,800 490 4,500 1 200 101 May 2 302 May 4 2303 May 11 w104 May 23 Des May 29 May 31 Balance 18,210 Required: 1. Prepare a bank reconciliation for May Bank Statement Ending Balance Per Bank Statement Additions: MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending Balance Per Cash Account Additions: Deductions: Deductions: Up-to-Date Cash Balance Up-to-Oate Cash Balance 2. Prepare any Journal entries required as a result of the bank reconciliation (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction Bat Journal entry worksheet
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