1. please i need help with this one, thank you. <3
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
$19.400 . No deposits were in transit at the end of April, but a deposit was in transit at the end of
May. 2. Prepare any journal entries required as a result of the banik reconciliation. (If no entry is
required for a transaction/event, select "No journol entry required" in the first account field.)
Journal entry worksheet Record the entry for NSF cheque noted on May 22. Note: Enter debits
before credits. 3. After the reconciliation journal entries are posted, what balance will be
reflected in the Cash account in the ledger? 4. If the company also has $56 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?