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Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated...

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Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a balance of $9,065. The bank statement indicated a balance of $10,190 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 $3,670. b. A deposit of $3,820, representing receipts of April 30, had been made too late to appear on the bank statement. c. The bank collected $1,990 on a $1,890 note, including interest of $100. d. A check for $66o 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 the purchase on account. e. A check drawn for $70 had been erroneously charged by the bank as $700. f. Bank service charges for April amounted to $25. Required 1. Prepare a bank reconciliation. American Medical Co. l 30 10.190 Add outstanding checks Cash balance according to company's records

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