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The bookkeeper at Martin Company has asked you to prepare a bank reconciliation as of May 31. The May 31 bank statement and the May T-account for cash (summarized). Martin Companys bank reconciliation at the end of April showed a cash balance of $22,800. No deposits were in transit at the end of April, but a deposit was in transit at the end of May.

BANK STATEMENT
	Checks			Deposits		Other			Balance
Balance, May 1									$	22,800
May 2				$	9,000					31,800
May 5	#301	$	12,000							19,800
May 7	#302		7,800							12,000
May 8					11,000					23,000
May 14	#303		590							22,410
May 17						Interest	$	210		22,620
May 22						NSF check		370		22,250
May 27	#304		5,500							16,750
May 31						Service charge		105		16,645
Balance, May 31										16,645

Cash (A)
May 1 Balance	22,800
May 1	9,000	12,000	#301	May 2
May 7	11,000	7,800	#302	May 4
May 29	7,800	590	#303	May 11
		5,500	#304	May 23
		2,200	#305	May 29
May 31 Balance	22,510

Required:

1. Prepare a bank reconciliation for May.
2. Prepare any journal entries required as a result of the bank reconciliation
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 $95 of petty cash on hand, which is recorded in a different account called Petty Cash on Hand, what total amount of Cash and Cash Equivalents should be reported on the balance sheet at the end of May?

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