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 $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 Checks Deposits Other $ 8,000 #301 511,000 #302 6,500 Balance, May 1 May 2 May 5 May 7 May May 14 May 19 May 32 May 27 May 31 Balance, May 31 10,000 w303 500 Balance $ 18,800 26.800 15,800 9,800 19,800 19,300 19,420 19,140 14,540 10,480 14.480 Interest NSF check 5120 280 W304 4,600 Service charge 00 May 1 Balance May 1 May ? May 29 Cash (A) 18,00 8.000 10,000 6.000 11,000 6,000 500 4.600 1.300 WO1 May 2 #302 May 4 30 May 11 104 May 23 305 May 20 Hay1 Balance 19.400 May 31 Balance, May 31 Service charge 60 14,480 14,480 May 1 Balance May 1 May May 29 Cash (A) 18,800 8.000 10,000 6,000 11,090 6,000 500 4,600 1,300 101 May 2 #302 May 4 303 May 11 304 May 23 305 May 20 May 31 Balance 19.400 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.) Answer is not complete. No Transaction General Journal Credit A 1 Interest Revenue Debit 120 X B 2 280 3 Service Revenue 9 50 the end of April, but a deposit was in transit at the end of May. BANK STATEMENT Checks Deposits Other 53,000 #301 $11,000 302 5.000 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 10,000 303 500 Balance $ 18,800 26,800 15,000 9,800 19,800 19,300 19,420 19,140 14,540 14,430 14,410 Interest NSF check $120 380 0304 4,600 Service charge 648 May 1 Balance May 1 Hay 7 Hy 29 Cash (A) 13.000 0,000 10,000 11,000 6,000 500 4,600 100 101 May 2 02 May 4 03 May 11 304 May 23 .305 May 20 May 31 Balance 19.400 3. After the reconciliation Journal entries are posted, what balance will be reflected in the Cash account in the ledger? Balance in Cast Account