you to prepare a bank reconciliation as of May 31. The bank statement for May 1 and the May T-account for cash showed the transactions listed below. Martin Company's bank reconciliation at the end of April showed a cash balance of $17,900. No deposits were in transit at the end of April, but a deposit was in transit at the end of May. Withdrawals Deposits Other Balance Balance, May 1 May 21 May 5 May 7 May 8 May 14 May 17-Interest Earned May 22-NSF cheque May 29 May 31-Service charges Balance, May 31 $17,900 $ 7,100 25,000 301 $10,100 302 6,450 14,900 8,450 10,000 18,450 303 410 18,040 $111 18,151 190 17,961 304 3,700 14,261 51 14,210 14,210. Cash (A)- ces May 1 Balance 17,900 May 11 7,100 10,100 May 7 10,000 6,450 May 02 #301 May 04 #302 May 29 3,100 410 May 11 #303 3,700 1,210 May 30 May 29 #304 #305 May 31 Balance 16.230 Required: 1. Prepare a bank reconciliation for May. ok Bank Statement Ending balance per bank statement Additions: MARTIN COMPANY Bank Reconciliation At May 31 Company's Books $ 14,210 Ending balance per Cash account Additions: $ 16,230 Deposit in transit Deductions: Outstanding cheques nces Up-to-date cash balance 3,100 Interest earned 111 17,310 16,341 Deductions: (1,210) Bank service charges NSF cheque $ (51) (190) (241) $ 16,100 Up-to-date cash balance $ 16,100 View pre- 2. Prepare any journal 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 View journal entry worksheet No Date General Journal A May 17 Cash Interest revenue Accounts receivable Cash Notes payable Cashi Debit Credit 111 111 190 190 51 51 51 D ences 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Cash balance 4. If the company also has $41 on hand, which is recorded in a different account called Cash on Hand, whattotal amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? Cash and Cash Equivalents