The ash account for Norwegian Medical Co April 30 indicated balance of 514,090. The bank statement indicated a balance of 516,040 on April 30 Comparing the bank statement and the accompanying canceled ched and memes with the records revealed the folowing recording to Check outstanding totale 55.770 b. A deposit of $6,020, representing recepts of All had been made too late to appear on the bank statement the bank colected $3.110 on 2.970 notending terest of $100 d. A check for $270 returned with the statement had been incorrectly recorded by Norwegian Medical 3700. The check was for the payment tan olgation to One Supply Co for a purchase or count Acheck down for 10 best danged by the banks 3900 Bank service changes for ontmounted to $50 Required 16,040 6,020 1. Prepare a bank reconciliation Norwegian Medical Co. Bank Reconciliation April 30 Cash balance according to bank statement Add deposit of April 30, not recorded by bank Add bank error in charging check as $900 instead of $90 Deduct outstanding checks Adjusted balance Cash balance according to company's records Add note and interest collected by bank Deduct error in recording check Deduct bank service charges Adjusted balance DI Dil 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed a, April 30 Cash Notes Receivable Interest Revenue b. April 30 Accounts Payable-Universal Supply Co. 2. loumalize the necessary entret(a) that increase cash and (6.) that decrease cath. The accounts have not been doned. If an armount bor does not require any leave it blank 2. Anno Cach Notes Receivable Interest Revenue Apr 30 Accounts Payable Universal Supply.co Miscellaneous Expense Cash 3. balance sheet in predared for Norwegian Medical Co on April 30. what amount should be reported as cash