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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 $22,400. 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 Balance $22,400 31,400 19,400 11,800 22,800 22,220 22,420 22,060 16,660 16,560 16,560 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 9,000 #301 $12,000 7,600 #302 11,000 # 303 580 $200 Interest NSF check 360 # 304 5,400 Service charge 100 Cash (A) May 1 Balance May 1 May 7 May 29 22,400 9,e00 11,000 7,600 12,000 7,600 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 ay 29 580 5,400 2,100 22,320 May 31 Balance 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Balance in Cash Account
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