The cash account for American Medical Co$.$ at April $30$ indicated a balance of $$9,770.$ The bank statement indicated a balance of $$11,350$ on April $30.$ Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:a$.$ Checks outstanding totaled $$4,090.$b$.$ A deposit of $$4,260,$ representing receipts of April $30,$ had been made too late to appear on the bank statement.c$.$ The bank collected $$2,210$ on a $$2,100$ note, including interest of $$110.$d$.$ A check for $$660$ returned with the statement had been incorrectly recorded by American Medical Co$.$ as $$600.$The check was for the payment of an obligation to Targhee Supply Co$.$ for a purchase on account.e$.$ A check drawn for $$40$ had been erroneously charged by the bank as $$400.$f$.$ Bank service charges for April amounted to $$40\mathrm{.}8$ HW

Reconciliation and Entries

cash account for Brentwood Bike Co$.$ at May $1$ indicated a balance of $$13,890.$ During May, the total cash sited was $$69,150$ and checks written totaled $$64,210.$ The bank statement indicated a balance of $$23,440$ lay $31.$ Comparing the bank statement, the canceled checks, and the accompanying memos with the records aled the following reconciling items:

hecks outstanding totaled $$10,440.$

deposit of $$8,510,$ representing receipts of May $31,$ had been made too late to appear on the bank tatement.

he bank had collected for Brentwood Bike Co$.$ $$4,490$ on a note left for collection. The face of the note was $4,150.$

check for $$270$ returned with the statement had been incorrectly charged by the bank as $$720.$ check for $$410$ returned with the statement had been recorded by Brentwood Bike Co$.$ as $$140.$ The check vas for the payment of an obligation to Adkins Co$.$ on account.

ank service charges for May amounted to $$50.$

check for $$1,040$ from Jennings Co$.$ was returned by the bank because of insufficient funds.

tructions:

Prepare a bank reconciliation as of May $31.$

Brentwood Bike Co$.$

Bank Reconciliation

May $31$

ash balance according to bank statement $$

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djusted balance

ash balance according to company's records

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