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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

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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 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 $18,800. 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 $ 8,000 #301 #302 $ 11,000 6,000 10,000 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 $ 18,800 26,800 800 9,800 19,800 19,300 19,420 19,140 14,540 14,480 14,480 #303 500 Interest earned NSF check $ 120 280 #304 4,600 Service charge 60 Cash (A) Credit Debit Balance May 1 May 1 May 7 May 29 18,800 8,000 10,000 6,000 11,000 6,000 500 4,600 1,300 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 May 31 Balance 19,400 4. If the company also has $50 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? Total Amount of Cash and Cash Equivalents

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