00000 Using the following information: 1. The bank statement balance is $4,985. 2. The cash account balance is $5,402. 3. Outstanding checks amounted to $627. 4. Deposits in transit are $979. 5. The bank service charge is $56. 6. A check for $65 for supplies was recorded as $56 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance EA EA