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Wildhorse Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2022, the company's Cash account per its general

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Wildhorse Co. of Emporia, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2022, the company's Cash account per its general ledger showed a balance of $6,838.90. The bank statement from Emporia State Bank on that date showed the following balance. EMPORIA STATE BANK Checks and Debits Deposits and Credits Daily Balance 5 317,068.00 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. The statement included a debit memo of $60.00 for the printing of additional company checks. 2 Cash sales of $903.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $953.15. The bank credited Wildhorse Co. for the correct amount 3. Outstanding checks at May 31 totaled $276.25, and deposits in transit were $ 1.900.15 4. On May 18, the company issued check No. 2181 for $685.00 to Moses on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Wildhorsen for $68.00 5. $2,810,00 was collected from a customer noterceivable by the bank for Wildhorse Co. on May 31 through electronic funds transfer 6. Included with the canceled checks was a check issued by Tornios company to C Pernod for $340.00 that was incorrectly charged to Wildhorse Co. by the bank 7. On May 31, the bank statement showed an NSF charge of $480.00 for a check issued by Sara Ballard, a customer, to Wildhorse Coon account WILDHORSE CO. Bank Reconciliation Prepare the necessary adjusting entries for Wildhorse Co. at May 31, 2022. (Credit account titles are automatically indented when amou is entered. Do not indent manually. Round answers to 2 decimal places, eg. 5,275.50.) Date Account Titles and Explanation Debit Credit May 31 (To record collection of note receivable by bank) (To record NSF check) (To correct error in deposit) IULUI CLLS LLOC (To record charge for printing company checks)

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