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The tolowing information applies to the questions displayed below. The bookkeeper at Martin Company has asked you to prepare a bank reconcillation as of May

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The tolowing information applies to the questions displayed below. The bookkeeper at Martin Company has asked you to prepare a bank reconcillation as of May 31. The May 31 bank statement and the May T-account for cash (summarized). Martin Company's bank reconcmlation at the end of April showed a cash balance of $15,200. No deposits were In transit at the end of April, but a depost was in transit at the end of May BANK STATEMENT Checks Deposits 5,200 Balance, May 1 May 2 May 5 May 7 May 8 May 14 May 17 May 22 May 27 May 31 Balance, May 31 $ 6,000 12,200 #301 $9,000 7,800 5,800 #302 4,400 8,000 #303 420 15,460 15,260 11,460 11,420 11,420 Interest $ 80 200 #304 3,800 40 Cash (A) May1 May 1 May 7 May 29 Balance 15,200 6,000 8,000 4,400 420 9,000 #301 May 2 #302 May 4 #303 May 11 #304 May 23 #305 May 29 4,400 3,800 500 May 31 Balance 5,480 1. Prepare a bank reconciliation for May. Bank Reconciliation Bank Statement Company's Books Ending Balance Per Bank Statement Additions: Ending Balance Per Cash Account Additions: Deductions ash Balance ash Balance 2. Prepare any jounal entries required as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the interest of $80 receipt from the bank. Note: Enter debits before credits. Record entry View general journal Clear entry 3. After the reconciliation joumal entries are posted, what balance will be reflected in the Cash account in the ledger? Balance in Cash unt 4. If the company also has $30 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? al Amount of Cash and Cash Equivalents

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