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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 $18.900. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. keithdrawals Deposits $ 8,109 * 291 $11,100 + 392 5,950 19.GE Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17-Interest Earned May 22-NSF cheque May 39 May 31-Service charges Balance, May 31 * 293 510 Balance $18,989 27,000 15.99 9.959 19,950 19,449 19,561 19,271 14,571 14,510 14,519 121 * 284 4,790 + Cash (A) - Balance May 1 May 1 May 7 May 29 18.99 8,169 10,ece 4,169 11,199 5,950 510 May 02 +291 May 84 +382 May 11 +393 May 30 +384 May 29 +385 4,700 1,319 May 31 Balance 17,579 Required: 1. Prepare a bank reconciliation for May. MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending balance per Cash account Additions: Bank Statement Ending balance per bank statement Additions: Deductions: Deductions: Up-to-date cash balance $ 0 Up-to-date cash balance 50 2. Prepare any journal entries required as a result of the bank reconciliation. I no entry b required for a tramactlon'event, select "No Journal entry required" In the first account tlehel.) View transaction list Journal entry worksheet Record the interest earned on May 17. Nale: Enle del Delare credik. Date General Journal Debit Credit May 17 Record entry Clear entry View general journal 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 $51 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

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