On May 31, the bank statement for the Casio Tile Company checking account showed $ 6,804.60 in the account. On the same date, Casio's Ledger account is showing, $6,781.50. The following were discovered while preparing to do the Bank Reconciliation: a) The Bank Statement shows a Debit Memo for printing more checks for Hudner, $40.00. b) On May 31, Casio made a deposit in the night deposit vault of $936.15 and the checks that Hudner has written but have not cleared the bank equal, $15.25. c) The Bank statement is showing the collection of a Note Receivable of $2,000.00 for Casio. The Credit Memo issued by the Bank was for $2,055.00. This included the interest due on the Note. d) On May 18, Casio issued check No.1101 written for $685.00 to a vendor on account. But when Casio recorded the check, it was recorded for $658.00. e) Subtracted on the Bank Statement was a check written by company not associated with Casio in any way. The bank had Incorrectly decreased Casio's account for the $600.00 check. f) The bank statement also showed an $934.00 check which had been received and deposited by Casio from a customer "on account", but proved to be uncollectible, NSF. Prepare a) the Bank Reconciliation AND b) Journal Entries for Casio Tile Company on May 31.
