The cash account for American Medical Co. at April 30 indicated a balance of $13,835. The bank statement indicated a balance of $16,130 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:

1. Checks outstanding totaled $5,810.
2. A deposit of $6,050, representing receipts of April 30, had been made too late to appear on the bank statement.
3. The bank collected $3,150 on a $2,980 note, including interest of $170.
4. A check for $440 returned with the statement had been incorrectly recorded by American Medical Co. as $400. The check was for the payment of an obligation to Targhee Supply Co. for a purchase on account.
5. A check drawn for $60 had been erroneously charged by the bank as $600.
6. Bank service charges for April amounted to $35.

Required:

1. Prepare a bank reconciliation.

American Medical Co.
Bank Reconciliation
April 30
Cash balance according to bank statement		$fill in the blank 8c16a007ef8efe3_1
	$fill in the blank 8c16a007ef8efe3_3
	fill in the blank 8c16a007ef8efe3_5	fill in the blank 8c16a007ef8efe3_6
		fill in the blank 8c16a007ef8efe3_8
Adjusted balance		$fill in the blank 8c16a007ef8efe3_9
Cash balance according to company's records		$fill in the blank 8c16a007ef8efe3_10
		fill in the blank 8c16a007ef8efe3_12
	$fill in the blank 8c16a007ef8efe3_14
	fill in the blank 8c16a007ef8efe3_16	fill in the blank 8c16a007ef8efe3_17
Adjusted balance		$fill in the blank 8c16a007ef8efe3_18

2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. For a compound transaction, if an amount box does not require an entry, leave it blank.

a. April 30		fill in the blank 0b5acff8bf94049_2	fill in the blank 0b5acff8bf94049_3
		fill in the blank 0b5acff8bf94049_5	fill in the blank 0b5acff8bf94049_6
		fill in the blank 0b5acff8bf94049_8	fill in the blank 0b5acff8bf94049_9
b. April 30		fill in the blank 0b5acff8bf94049_11	fill in the blank 0b5acff8bf94049_12
		fill in the blank 0b5acff8bf94049_14	fill in the blank 0b5acff8bf94049_15
		fill in the blank 0b5acff8bf94049_17	fill in the blank 0b5acff8bf94049_18

3. If a balance sheet is prepared for American Medical Co. on April 30, what amount should be reported as cash? $fill in the blank 133e1902606002c_1