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The cash account for American Medical Co.at April 30 indicated a balance of 301.408. The bank statement edicated a balance of $128.500 on Aeri 30.

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The cash account for American Medical Co.at April 30 indicated a balance of 301.408. The bank statement edicated a balance of $128.500 on Aeri 30. Comparing the bank ment and teacompanying cancelled cheche en menos with the records revealed the following recording time A. Check outstanding totuled $39.700 B. A depout of 510.000, representing recepte of Art 30, had been made to late to appear on the bank tement The bark collected $22,042 on a $20.600 rote, including interest of 1442 D. Ace 1.600 rotuned win the statement had been heereely recorded by American Made Co. 1100 The check water pryment of action to Torge Supply Co. for a purchase on account Acheck crown for had been enneously charged by the bwk 500 Bank service charges for rent amounted 0840. Instructions 1. Pwanan reconotation Poltero e Amount Description et vided for the exact wonder het water Deductor "Add" will automatically wisquired Rukumate the newly : The accounts have not been bred Reler 2o e Chart of Accounts for exact wording of account the 3. betonco shoot a propered for American Medical Co, on April 30, what amount should be pored scan ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue EXPENSES 111 Petty Cash 120 Accounts Receivable 131 Notes Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 520 Salaries Expense 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation-Store Equipment 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense LIABILITIES 211 Accounts Payable-Targhee Supply Co. 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 590 Miscellaneous Expense 221 Notes Payable 222 Interest Payable 231 Salaries Payable 146 Store Supplies 151 Prepaid Insurance 181 Land 191 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 194 Accumulated Depreciation-Store Equipment 516 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Insurance Expense 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense 537 Selling Expenses 538 Store Supplies Expense 561 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 590 Miscellaneous Expense 710 Interest Expense LIABILITIES 211 Accounts Payable-Targhee Supply Co. 221 Notes Payable 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary Amount Descriptions Bank error in charging check as $680 instead of $860 Bank error in charging check as $860 instead of $680 Bank service charges Check for $860 returned because of insufficient funds Deposit of April 30, not recorded by bank Error in recording check Error in recording April 30 deposit Outstanding checks Note and interest collected by bank AMERICAN MEDICAL CO. Bank Reconciliation April 30 1 Cash balance according to bank statement 2 3 4 5 6 Adjusted balance 7 8 Cash balance according to company's records 9 10 11 12 15 Adjusted balance 2. Journalize the necessary entries. The accounts have not been closed. Refer to the Chart of Accounts for exact wording of account bles PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS EQUITY 1 3. If a balance sheet is prepared for American Medical Co. on April 30, what amount should be reported as cash

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