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[The following information applies to the questions displayed below.] The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of
[The following information applies to the questions displayed below.] 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) are below. Martin Company's bank reconciliation at the end of April showed a cash balance of $20,100. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Checks BANK STATEMENT Deposits Balance, May 1 May 2 ces May 5 May 7 May 8 May 14, $ 8,000 #301 #302 $ 11,000 6,600 10,000 303 530 May 17 May 22 May 27 #304 4,900 May 31 Balance, May 31 Other Balance $ 20,100 28,100 17,100 10,500 20,500 19,970 Interest earned NSF check. $150 20,120 310 19,810 14,910 Service charge 75 14,835 14,835 Cash (A) Debit Credit May 1 Balance 20,100 May 1 ,000 11,000 May 7 May 29 10,000 6,600 6,600 530 4,900 1,600 301 May 2 #302 May 4 303 May 11 #304 May 2 #305 May 29 May 31 Balance 20,070 Required: 1. Prepare a bank reconciliation for May. MARTIN COMPANY flook Bank Reconciliation At May 31 Prot Bank Statement ferences Ending Balance Per Bank Statement Additions: Deductions: Company's Books Ending Balance Per Cash Account Additions: Deductions: Up-to-Date Cash Balance - Up-to-Date Cash Balance Check my w
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