The following information pertains to the bank transactions of Motts 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 appear 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, Jerry Beck, was returned with the statement.
Required:
1. Prepare a bank reconciliation for Motts Company as of April 30.
2. State the amount of cash that would appear on the balance sheet as of April 30.