4 Exercise 6-14 Bank reconciliation LO P3 1.42 points Wright Company's cash account shows a $29,100 debit balance and its bank statement shows $27,400 on deposit at the close of business on May 31 eBook a. The May 31 bank statement lists $180 in bank service charges, the company has not yet recorded the cost of these services. b. Outstanding checks as of May 31 total $6,400. c. May 31 cash receipts of $7,000 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 $480 check written by Smith Company was mistakenly drawn against Wright's account. e. The bank statement shows a $440 NSF check from a customer, the company has not yet recorded this NSF check. Hint Prepare its bank reconciliation using the above information. Print r References WRIGHT COMPANY Bank Reconciliation May 31 Book balance Add: Bank statement balance Add: Deduct Deduct: Adjusted bank balance Adjusted book balance