You are to use the following information and:

$1.$ Record all of the jounral entries,

$2.$ Prepare a bank reconciliation as of May $31$

Information:

Balance per bank statement as of May $31$ was $$59,410.$

Balance per Hughes Company$$s Cash account at May $31$ was $$60,904.$

A late deposit on May $31$ did not appear on the bank statement, $$4,158$

Outstanding checks as of May $31$ totaled $$7,614.$

During May, the bank credited Hughes Company with the proceeds, $$6,795,$ of a note which it had collected for the company. Interest revenue was $$45$ of the total.

Bank service and collection charges for May amounted to $$18.$

Comparison of the canceled checks with the check register revealed that one check in the amount as $$1,458$ had been recorded in the books as $$1,539.$ The check had been issued in payment of an account payable.

A review of the deposit slips with the bank statement showed that a deposit for $$2,250$ of a company with a similar account number had been credited to the Hughes Company account in error.

A $$270$ check received from a customer, R$.$ Petty, was returned with the bank statement marked NSF$.$

During May, the bank paid a $$13,500$ note of Hughes Company plus interest of $$135$ and charged it to the company$$s account per instructions received. Hughes Company had not recorded the payment of this note.

An examination of the cash receipts and the deposit tickets revealed that the bookkeeper erroneously recorded a check from a customer, C$.$ Parker, of $$1,458$ as $$1,944.$

The bank statement showed a credit to the company$$s account for interest earned on the account balance in May of $$450.$

Bank Reconciliation as of$,201x$

Checkbook balance