The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May...
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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 $19,300. 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 8 May 14 May 17-Interest Earned May 22-NSF cheque May 29 May 31-Service charges Balance, May 31 Withdrawals Deposits Other Balance $19,300 $ 8,500 27,800 # 301 $11,500 # 302 16,300 5,750 10,550 10,000 20,550 # 303 550 20,000 $ 125 20,125 330 19,795 # 304 5,100 14,695 65 14,630 14,630 + Cash (A) - May 1 Balance 19,300 May 1 8,500 11,500 May 7 10,000 5,750 May 02 May 04 #301 May 29 4,500 550 May 11 #302 #303 5,100 May 30 #304 1,350 May 29 #305 May 31 Balance 18,050 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 $19,300. 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 8 May 14 May 17-Interest Earned May 22-NSF cheque May 29 May 31-Service charges Balance, May 31 Withdrawals Deposits Other Balance $19,300 $ 8,500 27,800 # 301 $11,500 # 302 16,300 5,750 10,550 10,000 20,550 # 303 550 20,000 $ 125 20,125 330 19,795 # 304 5,100 14,695 65 14,630 14,630 + Cash (A) - May 1 Balance 19,300 May 1 8,500 11,500 May 7 10,000 5,750 May 02 May 04 #301 May 29 4,500 550 May 11 #302 #303 5,100 May 30 #304 1,350 May 29 #305 May 31 Balance 18,050
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