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Show your solution clearly. 1. The following data pertained to the cash transactions and bank account of Bridget Company for the month of May. 3,195,000

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1. The following data pertained to the cash transactions and bank account of Bridget Company for the month of May. 3,195,000 1,719,000 10,000 12,000 685,000 500,000 570,000 Cash balance per bank records Cash balance per book Cost of checkbook printing auto deducted by the bank from the account. Bank Service Charge Outstanding checks Deposit of May 30 not recorded by bank until June 1 Proceeds of bank loan, net of interest on May 30, not recorded in the book Proceeds from a customer promissory note, P800,000 collected by the bank not taken up in the accounting record with interest Check #105 issued to a supplier entered in the accounting record as P210,000 but deducted in the bank erroneously at Stolen check lacking an authorized signature was erroneously processed by the bank Customer check returned by the bank marked NSF. 810,000 120,000 80,000 77,000 Requirements: a. Prepare a bank reconciliation to compute for the adjusted cash balance both in accounting and bank balance. b. Prepare all the necessary journal entries

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