1035 The following data were accumulated for use in reconciling the bank account of Zek's Co. for May 2016: 1. 2. 3. 4. 5. 6. Cash balance according to the company's records at May 31, 2016, $21,131. Cash balance according to the bank statement at May 31, 2016, $27,606. Checks outstanding, $13,321. Deposit in transit, not recorded by bank, $7,293. A check for $51 in payment of an account was erroneously recorded in the check register as $510. Bank debit memo for service charges, $12. A. Prepare a bank reconciliation, using the format shown in Exhibit 13. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. The word "Deduct:" or "Add" will automatically appear if it is required. B. If the balance sheet were prepared for Zek's Co. on May 31, 2016, what amount should be reported for cash?

The following data were accumulated for use in reconciling the bank account of Zok's Co. for May 2016: 1. Cash balance according to the company's records at May 31,2016,$21,131. 2. Cash balance according to the bank statement at May 31, 2016, $27,606. 3. Checks outstanding, $13,321. 4. Deposit in transit, not recorded by bank, $7,293. 5. A check for $51 in payment of an account was erroneously recorded in the check register as $510. 6. Bank debit memo for service charges, $12. A. Prepare a bank reconciliation, using the format shown in Exhibit13. Reter to the Amount Descrptions kist provided for the exact wording of the answer choices for text entries. The word "Deduct" or "Add: "wil automatically appear if it is required B. It the balance sheet were prepared for Zek' CO. on May 31, 2016, what amount should be reported for cash