Assume the role as a bookkeeper, you are required to prepare the bank reconciliation statement for the month of May.

- On May 1, 2022, the balance of cash account was $5,000

- On May 31, 2022, the cash receipts journal and cash disbursements journal shows a balance of $100,000 and $44,140 respectively.

- On May 31, 2022, the bank statement indicated a balance of $69,600

- After reviewing the April 30, 2022 bank reconciliation, cheque #568 for $4,530 written to LA&PS Inc had still not cleared the bank in May.

- In checking the disbursements journal, cheques #575 for $7,425 and #588 for $2,525 did not appear on the May bank statement.

- The bank reported an Electronic Funds Transfer (EFT) credit memorandum for the collection of a receivable from SSC Inc of $3,600

- A credit memoranda was identified for $500 representing interest earned on investment in bonds.

- A cheque of $7,100 from a customer TEL Co Ltd, was returned by the bank because of non-sufficient funds. The bank charged ADMS Inc a $50 NSF fee.

- The bank has not credited the company's account for a $2,400 deposit made on May 30 and a $5,700 deposit made on May 31.

- The Accounts Payable clerk recorded an insurance expense payment of $610 as $6,100 .Cheque #572 was correctly written for $610.

- There was an $80 service charge on the bank statement.