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stion #4 allowing is information on the Canada Company. Required: Prepare a bank reconciliation and general journal entries for the month of May. PR Debit

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stion #4 allowing is information on the Canada Company. Required: Prepare a bank reconciliation and general journal entries for the month of May. PR Debit $24,059 Cash Date Explanation Apr 30 Balance May 1 Payment of May rent #3410 2. Establish petty cash fund #3411 5 Collected from Smith Inc. 8 Payment to Lethbridge Co 43412 11 Received payment from Calgary Co 26 Payment of May utilities #3413 29 Withdrawal by owner #3414 30 Collected on account from Alberta Co 30 May payroll net pay total 3415 30 Petty cash reconciliation #3416 30 Cash sales for May Account 101 Credit Balance $87,500 $20,000 $67,500 $300 $67,200 $91,259 $45,325 $45,934 $55,734 $2,565 $53,169 $3,600 $49,569 $54,690 $60,650 $5,961 $275 -$6,236 $119,565 61 GI G1 G1 G1 G2 G2 G2 G2 G2 G2 $9,800 $5,121 $125,800 Canada Company Bank Reconciliation April 30, 2020 Book Balance 587,500 Balance Per Bank Add: Deposit in Transit Total $83,540 $4,500 $88,040 Outstanding Cheques #3409 Adjusted Bank Balance 5540 $87,500 Adjusted Bank Balance 587,500 Bank Statement TO: Canada Company Cheques/Charges 5/1/200X #3409 #3410 5/2/200X 5/3/200X $540 $20,000 5/5/200X #3412 #3411 5/9/200X 5/9/200x $45,325 $300 First Provincial Bank of Taber May 31, 2020 Deposits $83,540 $4,500 $87.500 $67,500 $24,059 $91,559 $46,234 $45,934 $9,680 $55,614 $53,049 -$7,601 -$11,201 -$11,201 $5,121 -$6,080 -56,580 $45 -$6,585 5/11/200X #3413 #3415 #3414 5/27/200X 5/30/200x 5/30/200X $2,565 $60,650 $3,600 5/30/200X OvrDrft SC 5/31/200X 5/31/200X $500 $50 05/31 Int 6

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