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 Companys bank reconciliation at the end of April showed a cash balance of $21,900. No deposits were in transit at the end of April, but a deposit was in transit at the end of May.

please see pic below:

1. Prepare a bank reconciliation for May.

Prepare any journal entries required as a result of the bank reconciliation.

2. Prepare any journal entries required as a result of the bank reconciliation.

3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

4. If the company also has $85 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? thank you very much

/The following information applies to the questions displayed below/ The bookkeeper at Marun Company has asked you to prepare a bank reconcllatlon as of May 31. The May 31 bank statement and the May T-account for cash (summarized). Martin Company's bank reconcilation at the end of April showed a cash balance of $21.900. No deposits were In transit at the end of Aprt. but a deposit was in transit at the end of May. BANK STATEMENT Checks Deposits Other Balance Balance, May 1 21,900 May 2 9,000 30,900 May 5 a301 $12,000 18,900 May 7 302 7,400 11,500 May 8 11,000 22,500 May 14 3303 570 21,930 May 17 190 22,120 May 22 NSF check 350 21,770 3304 5.300 May 27 16,470 May 31 Service charge 95 16.375 16,375 Balance, May 31 Cash (A) May 1 Balance 21,900 9,000 12.000 a301 May 2 May 1 11,000 a302 May 4 7,400 May 29 2303 May 11 5,300 2304 May 23 2,000 #305 May 29 May 31 Balance 22,030