Zimmerman Company of Shawnee, Kansas, spreads herbicides and applies liquid fertilizer for local farmers. On May 31, 2014, the companys Cash account per its general ledger showed a balance of $6,738.90.

The bank statement from Shawnee State Bank on that date showed the following balance.

SHAWNEE STATE BANK Checks and Debits Deposits and Credits Daily Balance XXX XXX 5-31 6,968.00

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 $40.00 for the printing of additional company checks.

2. Cash sales of $883.15 on May 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were incorrectly made for $933.15. The bank credited Zimmerman Company for the correct amount.

3. Outstanding checks at May 31 totaled $276.25, and deposits in transit were $1,880.15.

4. On May 18, the company issued check No. 1181 for $685 to M. Hartley, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by Zimmerman Company for $658.

5. A $2,600.00 note receivable was collected by the bank for Zimmerman Company on May 31 plus $110.00 interest. The bank charged a collection fee of $20.00. No interest has been accrued on the note.

6. Included with the canceled checks was a check issued by Zinderberg Company to P. Conard for $360.00 that was incorrectly charged to Zimmerman Company by the bank.

7. On May 31, the bank statement showed an NSF charge of $380.00 for a check issued by Bev Sullivan, a customer, to Zimmerman Company on account.

A) Prepare a bank reconillation at May 31,2014.

B) Prepare the necessary adjusting entries for Zimmerman Company at May 31, 2014.