The Mom Com dochodowe . . w her 11111 Required MARTIN COMPANY ALM Cum's Cam Best Aaanam Dube 2. W Journal entry worksheet View transaction list Record the interest earned on May 17. B Record the entry for NSF cheque noted on May 22. Record the bank service charges incurred on May 31. The bookkeeper at Martin Company has asked 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 $18,800. 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 $18,800 May 2 $ 8,000 26,800 May 5 # 301 $11,000 15,800 May 7 # 302 6,000 9,800 May 8 10,000 19,800 May 14 # 303 500 19,300 May 17-Interest Earned $120 19,420 May 22-NSF cheque 280 19,140 May 29 May 31-Service charges 14,540 60 Balance, May 31 14,480 14,480 # 304 4,600 + Cash (A) Balance May 1 May 1 18,800 8,000 10,000 4,000 May 7 May 29 11,000 6,000 500 4,600 1,300 May 02 301 May 04 302 May 11 303 May 29 #304 May 29 #305 May 31 Balance 17,400 Required: 1. Prepare a bank reconciliation for May. MARTIN COMPANY Bank Reconciliation At May 31 Company's Books Ending balance per Cash account Additions: Bank Statement Ending balance per bank statement Additions: Deductions: Deductions: Up-to-date cash balance Up-to-date cash balance 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 Journal entry worksheet Record the interest earned on May 17. Note Enter debits before credits General Journal Debit Credit Date May 17 Record entry Clear entry View general Journal 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 $50 on hand, which is recorded in a different account called Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May? Cash and Cash Equivalents