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[The following information applies to the questions displayed below.] The bookkeeper at Martin...

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Accounting

[The following information applies to the questions displayed below.]
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) are below.
Martin Company's bank reconciliation at the end of April showed a cash balance of $21,500. No deposits were in transit at the end of April, but a deposit was in transit at the end of May.
\table[[BANK STATEMENT],[,,cks,Deposits,Other,,Balance],[\table[[Batance, May 1],[May 2]],,,,,,$21,500
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