$1,237 $76 Question 1: Bank Reconciliation (10 marks) The following information is available for Depper Paints Pty Ltd: Bank statement for Depper Paints Pty Ltd for May 2020 Balance (1 May 2020) Add: Deposits Debit cheques: Cheque no. 135 $17 Cheque no. 136 57 Cheque no. 137 222 Cheque no. 138 47 Other charges: Printed cheques 15 Service charge 10 Balance (31 May 2020) -343 -25 $945 Depper Paints Pty Ltd's cash books show the following transactions for May 2020: Cheque no. Item Date 1 May 2020 6 May 2020 10 May 2020 16 May 2020 20 May 2020 24 May 2020 28 May 2020 29 May 2020 30 May 2020 135 Office Supplies Interest received 136 Internet bill 137 Paint Supplies 138 Phone bill 139 Ofice Supplies 140 Electricity bill Service Revenue Cheque Deposit Balance $1,237 $ 17 1,220 $ 76 1,296 57 1,239 112 1,127 47 1,080 85 265 730 2,526 3,256 995 It was found that the correct amount for Cheque no. 137 is $ 222. Required: Prepare a bank reconciliation for May 31, 2020. (10 marks)