Adjustment for Unearned Revenue On June 1, 2018, Herbal Co, received $31,510 for the rent of land for 12 months Journalize the adjusting entry required for unearned rent on December 31, 2018. Round your answers to the nearest dollar amount. Dec. 31 Unearned Rent Rent Revenue Using the following information: a. The bank statement balance is $5,694. b. The cash account balance is $5,801 c. Outstanding checks amounted to $857. d. Deposits in transit are $917 e. The bank service charge is $38. f. A check for $73 for supplies was recorded as $64 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: Deposits in transit not recorded by bank 917 Outstanding checks 857 Total adjustments Adjusted balance 38 Cash balance according to company's records Adjustments Bank service charge Error in recording check Total adjustments Adjusted balance 9