Reference no: EM13614020

Branson Co. received its bankstatement for the month ending May 31, 2009, and reconciled the statement balance to the May 31, 2009, balance in the Cash account. The reconciled balance was determined to be $18,600. The reconciliation recognized the following items:

1. A deposit made on May 31 for $10,200 was included in the Cashaccount balance but not in the bank statement balance.

2. Checks issued but not returned with the bank statement were No.673 for $2,940 and No. 687 for $5,100.

3. Bank service charges shown as a deduction on the bank statementwere $240.

4. Interest credited to Branson Co.'s account but not recorded onthe company's books amounted to $144.

5. Returned with the bank statement was a "debit memo" stating thata customer's check for $1,920 that had been deposited on May 23 hadbeen returned because the customer's account was overdrawn.

6.During a review of the checks that were returned with the bankstatement, it was noted that the amount of check No. 681 was $960but that in the company's records supporting the Cash accountbalance, the check had been erroneously recorded in the amount of$96.

Required:

(a) What was the balance in Branson Co.'s Cash account before recognizing any of these reconciling items? (Omit the "$" sign inyour response.)
Balance per Cash account before reconciliation

(b) What was the balance shown on the bank statement before recognizing any of these reconciling items? (Omit the "$" sign inyour response.)
Balance per bank before reconciliation