Calculator Save space by optimizing storage. Ma Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $13,605. The bank statement indicated a balance of $16,010 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: a. Checks outstanding totaled $5,760. b. A deposit of $6,000, representing receipts of April 30, had been made too late to appear on the bank statement c. The bank collected $3,120 on a $2,960 note, including interest of $160. d. A check for $660 returned with the statement had been incorrectly recorded by American Medical Co. as $600. The check was for the payment of an obligation to Targhee Supply Co. for a purchase on account. e. A check drawn for $40 had been erroneously charged by the bank as $400. f. Bank service charges for April amounted to $55. Required: 1. Prepare a bank reconciliation American Medical Co. Bank Reconciliation April 30 Cash balance according to bank statement 9: 2:17:04 All work saved Emall instructor Submit Assignment for Grading