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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
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 Company's 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. BANK STATEMENT Checks Deposits Other $ 9,000 4301 $12,eee 1302 7,460 11, eee Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 4303 570 Balance $ 21,900 30,900 18,900 11,5ee 22,5ee 21,938 22.120 21,778 16,47 16,375 16,375 Interest NSF check $190 350 4304 5,300 Service charge 95 May 1 Balance May 1 May 7 May 29 Cash (A) 21,900 9,888 12,00 11,880 7,400 7,480 570 5,380 2.ee 22,830 301 May 2 1302 May 4 1303 May 11 1304 May 23 1305 May 29 May 31 Balance 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 Up-to-Date Cash Balance
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