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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) Martin Company's bank reconciliation at the end of April showed a cash balance of $21,900. 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 Other Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 Balance $ 21,900 30,900 18,98e 11, 50e 22, 50e 21,930 $19022,12e 350 21,778 16,47e 95 16, 375 16,375 $ 9,000 #301 #302 $12,000 7,400 11,000 #303 570 Interest NSF check #304 5,300 Service charge Cash (A) May 1 Balance May 1 May 7 May 29 21,900 9,000 11,000 7,400 12,00e 7,400 570 5,300 2,000 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 May 31 Balance 22,030 1. Prepare a bank reconciliation for May. MARTIN COMPANY Bank Reconciliation At May 31 Bank Statement Company's Books Ending Balance Per Cash Acount Ending Balance Per Bank Statement Additions: Additions: 0 Deductions: Deductions Up-to-Date Cash Balance 01 Up-to-Date Cash Balance
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