The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31. The bank statement for May 1 and the May T-account for cash showed the transactions listed below. Martin Company's bank reconciliation at the end of April showed a cash balance of $17,900. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Balance, May 1 May 2 May 5 May 7 May 81 May 14 May 17-Interest Earned. May 22-NSF cheque. May 29 May 31-Service charges. Balance, May 31 Withdrawals Deposits Other Balance $17,900 $ 7,100 25,000 301 $10,100 #302 6,450 14,900 8,450 10,000 18,450 303 410 18,040 $ 111 18,151 190 17,961 304 3,700 14,261 51 14,210 14,210 + Cash (A) May 1 Balance 17,900 May 11 7,100) 10,100 May 02 #301 May 7 10,000 6,450 May 04 #302 May 29 3,100 410 May 11 #303 3,700 May 301 #304 1,210 May 29 #305 May 31 Balance 16,230 Required: 1. Prepare a bank reconciliation for May. Bank Statement Ending balance per bank statement Addition Deductions: MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending balance per Cash account Additions: Deductions: Up-to-date cash balance Up-to-date cash balance 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.) nts View transaction list eBook Ask Print References Journal entry worksheet < A B C Record the interest earned on May 17. Note: Enter debits before credits, Date May 17 General Journal Debit Credit Check my wo . 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Cash balance 4. If the company also has $41 on hand, which is recorded in a different account called Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? Cash and Cash Equivalents