The following information pertains to the bank transactions of Rawlins Company:
a. Cash on the books as of April 30 was $499.Cash as shown on the bank statement for the same date was $1,330.
b. A deposit of $160,representing cash receipts as of April 30,did not apppear on the bank statement.
c. Outstanding checks totaled $240.
d. Bank service charges for April amounted to $9
e. The bank collected for Rawlins Company $840 (which includes $40 interest)on a note left for collection.
f. An NSF check for $80 from a customer,Joe Beck,was returned with the statement.
Required:
1. Prepare a bank reconciliation for Rawlins Company as of April 30.
2. State the amount of cash that would appear on the balance sheet as of April 30.
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