revealed the following reconciling items: a. Checks outstanding totaled $3,590. b. A deposit of $3,740,...
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revealed the following reconciling items: a. Checks outstanding totaled $3,590. b. A deposit of $3,740, representing receipts of April 30 , had been made too late to appear on the bank statement. c. The bank collected $1,950 on a $1,850 note, including interest of $100. e. A check drawn for $80 had been erroneously charged by the bank as $800. f. Bank service charges for April amounted to $35. Required: 1. Prepare a bank reconciliation. 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. If an amount box does not require an entry, leave it blank. 3. If a balance sheet is prepared for Norwegian Medical Co. on April 30, what amount should be reported as cash
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