07 5 Exercise 6-14 Bank reconciliation LO P3 16.66 points Wright Company's cash account shows a $29,300 debit balance and its bank statement shows $27,600 on deposit at the close of business on May 31 a. The May 31 bank statement lists $190 in bank service charges, the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,500 c. May 31 cash receipts of $7100 were placed in the bank's night depository after banking hours and were not recorded on the May 31 bank statement d. In reviewing the bank statement, a $490 check written by Smith Company was mistakenly drawn against Wright's account e. The bank statement shows a $420 NSF check from a customer the company has not yet recorded this NSF check Prepare its bank reconciliation using the above information Book PM WRIGHT COMPANY Bank Reconciliation May 31 Book balance Add: References Bank Statement balance Add 0 0 0 Deduct Deduct Adjusted bank balance 5 0 9 Adjusted book balance 0 0 $