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Pronghorn Ltd. had the following information regarding its bank transactions for the month of April...

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Accounting

Pronghorn Ltd. had the following information regarding its bank transactions for the month of April 2024:

Unadjusted balance per books April 30 $3,696
Balance per bank statement April 30 11,500

1. Cheques written in April but still outstanding, $5,500.
2. Cheques written in March but still outstanding, $2,800.
3. Deposits of April 30 not yet recorded by bank, $5,700.
4. A customers cheque for $710 was returned by the bank as NSF.
5. Cheque #210 for $595 was correctly issued and paid by bank but incorrectly entered in the general journal as a payment on account for $559.
6. Bank service charge for April was $50.
7. A payment on account (Cheque #318) was incorrectly entered in the general journal and posted to the general ledger as $834. However, it had been correctly prepared for $384. The cheque cleared the bank in April.
8. Electronic collections on account totalled $5,550, and have not yet been recorded by the company.

Prepare a bank reconciliation for Pronghorn Ltd. at April 30. (List items that increase balance first.)

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