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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

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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 $18,300. No deposits were in transit at the end of April, but a deposit was in transit at the end of May Balance, May 1 Balance May 2 $18,300 $ 7.500 25,00 1 $10,00 15.100 . May May 14 10.00 19.05 450 May 17-tnterest tarted May 22- che 115 15,715 May 30 18,485 May 31-Service charges - 304 14,5 Balance, May 31 Ray . 55 Balance May 1 may May 2 + CA) 18,300 7. 10,500 10. 3.50 450 May 02 Hay 42 May 11 May 30 May 2010 1.250 16,75 Required: 1. Prepare a bank reconciliation for May MARTIN COMPANY Bank Statement Ending balance por bank statement Additions Company's Books Ending balance per Cash account Action 1 of 4 Ned> e to seach O E 1,250 May 11 30 May 30 May 29 30 May 31 Balance 16,70 Required: 1. Prepare a bank reconciliation for May Bank Statement Ending balance per bank statement Actions MARTIN COMPANY Bank Reconciliation At May 11 Company's Books Ending balance per Cash account Actions Deductions Deduction Up-to-cash balance Up-to-date cash balance 2. Prepare any journal entries required as a result of the bank reconciliation of no entry is required for a transaction event, lact "No journal entry required in the first account field) View transaction Journal entry worksheet se to search 2. Prepare any journal entries required as a result of the bank reconciliation (If no entry is required for a transaction levent, select "No journal entry required in the first account field) Vir transaction list Journal entry worksheet e lo search O 2. Prepare any journal entries required as a result of the bank reconciliation of no entry is required for a transaction event, select "No journal entry required in the first account field) View transaction list Journal entry worksheet Record the entry for NSF cheque noted on May 22 Note: des before General Journal Debit Crede May 22 Recondly Clearly View general 3. After the reconciliation journal entries are posted what balance will be reflected in the Cash account the lediget? Pro 11 Next > O E G were to search 2. Prepare any journal entries required as a result of the bank reconciliation of no entry is required for a transaction event, select "No journal entry required in the first account field) View transaction list Journal entry worksheet B Record the bank service charges incurred on May 31 otter bits before credits Date May 31 General Joumal Det Credit Recordy Clear entry Vw general Journal 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the leder? 14 Next > here to search O P > Record Clear entry View general 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Cash balance 4. the company also has $45 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 P Next > e here to search

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