Bank Reconciliation and Entries The cash account for Norwegian Medical Co. at April 30 indicated a balance of $8,855. The bank statement indicated a balance of $9,890 on April 30. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items: • Checks outstanding totaled $3,560. • A deposit of $3,710, representing receipts of April 30, had been made too late to appear on the bank statement. • The bank collected $1,930 on a $1,830 note, including interest of $100. • A check for $880 returned with the statement had been incorrectly recorded by Norwegian Medical Co. as $800. The check was for the payment of an obligation to Universal Supply Co. for a purchase on account. • A check drawn for $70 had been erroneously charged by the bank as $700. • Bank service charges for April amounted to $35. Required: 1. Prepare a bank reconciliation. Norwegian Medical Co. Bank Reconciliation April 30 Cash balance according to bank statement $ fill in the blank 6b0b56fd6fdc02c_1 $ fill in the blank 6b0b56fd6fdc02c_3 fill in the blank 6b0b56fd6fdc02c_5 fill in the blank 6b0b56fd6fdc02c_6 fill in the blank 6b0b56fd6fdc02c_8 Adjusted balance $ fill in the blank 6b0b56fd6fdc02c_9 Cash balance according to company's records $ fill in the blank 6b0b56fd6fdc02c_10 fill in the blank 6b0b56fd6fdc02c_12 $ fill in the blank 6b0b56fd6fdc02c_14 fill in the blank 6b0b56fd6fdc02c_16 fill in the blank 6b0b56fd6fdc02c_17 Adjusted balance $ fill in the blank 6b0b56fd6fdc02c_18 2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. If an amount box does not require an entry, leave it blank. a. April 30 fill in the blank 409ecc069072071_2 fill in the blank 409ecc069072071_3 fill in the blank 409ecc069072071_5 fill in the blank 409ecc069072071_6 fill in the blank 409ecc069072071_8 fill in the blank 409ecc069072071_9 3. If a balance sheet is prepared for Norwegian Medical Co. on April 30, what amount should be reported as cash? $ fill in the blank ea68e8013024f8d_1