The bookkeeper for Cullumber Manufacturing Ltd. was trying to determine what items would be used in preparing the company's bank reconciliation that she is completing at May 31, 2021, the end of the company's first month of operations. The company's bank statement showed the following: Date May 1 Deposit 3 5 15 19 21 25 CULLUMBER MANUFACTURING LTD. Bank Statement May 31 Description Cheque, No. 001 Cheque, No. 002 Deposit Cheque, No. 004 Cheque, No. 006 Returned cheque-NSF, S. Gillis Amounts Deducted from Account (Debits) 1,360 5,990 6,963 836 1,134 Amounts Added to Account (Credits) 21,000 3,906 Balance 21,000 19,640 13,650 17,556 10,593 9,757 8,623 15 19 21 25 25 27 28 31 Date May 1 Deposit Cheque, No. 004 Cheque, No. 006 Returned cheque-NSF, S. Gillis NSF fee Cheque, No. 009 Cheque, No. 010 Bank service charges 15 Cash Receipts Amount $21,000 3,906 Date May Cullumber's summary of cash receipts (which were all deposited) and summary of cheques (which were all mailed out to suppliers) for the month of May showed the following: 2 6,963 3 836 1,134 22 1,786 1,654 34 Cash Payments Number Amount 001 002 $1,360 3,906 5.990 17,556 10,593 9,757 8,623 8,601 6,815 5,161 5,127 15 19 21 25 25 27 28 31 Date May 1 Deposit Cheque, No. 004 Cheque, No. 006 Returned cheque-NSF, S. Gillis NSF fee 15 Cheque, No. 009 Cheque, No. 010 Bank service charges Amount $21,000 3,906 Date 6,963 May 2 3 836 1.134 22 1,786 1,654 34 Cullumber's summary of cash receipts (which were all deposited) and summary of cheques (which were all mailed out to suppliers) for the month of May showed the following: Cash Receipts Cash Payments Number Amount 001 002 3,906 $1,360 5,990 17,556 10,593 9,757 8,623 8,601 6,815 5,161 5,127 (e) Prepare Cullumber's bank reconciliation at May 31. (List items that increase balance as per bank & books first.) CULLUMBER MANUFACTURING LTD Bank Reconciliation May 31 Cash balance per bank statement Add: Deposits in transit Less: Outstanding cheques Reconciled cash balance per bank Cash balance per books O O $ Cash balance per books Add : NSF fee Bank service charges Bank service charges Reconciled cash balance per books O ( O O LA LA The bookkeeper for Cullumber Manufacturing Ltd. was trying to determine what items would be used in preparing the company's bank reconciliation that she is completing at May 31, 2021, the end of the company's first month of operations. The company's bank statement showed the following: Date May 1 3 5 15 19 21 25 CULLUMBER MANUFACTURING LTD. Bank Statement May 31 Description Deposit Cheque, No. 001 Cheque, No.002 Deposit Cheque, No. 004 Cheque, No. 006 Returned cheque-NSF, S. Gillis Amounts Deducted from Account (Debits) 1.360 5,990 6,963 836 1,134 Amounts Added to Account (Credits) 21,000 3,906 Balance 21,000 19,640 13,650 17,556 10,593 9,757 8,623 ( 15 19 21 25 25 27 28 31 Deposit Cheque, No. 004 Cheque, No. 006 Returned cheque-NSF. S. Gillis NSF fee Cheque, No. 009 Cheque, No. 010 Bank service charges 6,963 836 1,134 22 1.786 1.654 34 3,906 17,556 10,593 9,757 8,623 8,601 6,815 5,161 5.127 ( Cullumber's summary of cash receipts (which were all deposited) and summary of cheques (which were all mailed out to suppliers) for the month of May showed the following: Cash Receipts Date May 1 15 31 Amount $21,000 3,906 6,568 $31,474 Date May 2 3 14 15 18 2 2 2 25 19 22 23 Cash Payments Number 001 002 003 004 005 006 007 008 009 Amount $1,360 5,990 1,408 6,963 302 836 1,790 442 1,786 Question 1 of 2 Date May 1 15 31 Amount $21,000 3,906 6,568 $31,474 Date May 2 3 14 15 18 19 22 23 25 26 Number 001 002 003 004 005 006 007 008 009 010 Amount $1,360 5,990 1,408 6,963 302 836 1,790 442 1,786 1,654 $22,531