a. The bank statement balance is $3,713. b. The cash account balance is $4,030. c. Outstanding checks amounted to $854. d. Deposits in transit are $1,107. e. The bank service charge is $55. f. A check for $44 for supplies was recorded as $35 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 Adjustments: S Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Total adjustments Adjusted balance x S 3,713 000