Thecashaccount for American Medical Co. at April 30 indicated a balance of $11,930. Thebank statementindicated a balance of $13,450 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 $4,840.
2. A deposit of $5,040, representing receipts of April 30, had been made too late to appear on the bank statement.
3. The bank collected $2,620 on a $2,490 note, including interest of $130.
4. A check for $770 returned with the statement had been incorrectly recorded by American Medical Co. as $700. The check was for the payment of an obligation to Targhee Supply Co. for a purchase on account.
5. A check drawn for $90 had been erroneously charged by the bank as $900.
6. Bank service charges for April amounted to $20.

Required:

1. bank reconciliation.

American Medical Co.Bank ReconciliationApril 30Cash balance according to bank statement$

$

Adjusted balance$Cash balance according to company's records$

$

Adjusted balance$

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

b. April 30

3.If a balance sheet is prepared for American Medical Co. on April 30, what amount should be reported as cash?

$