Assumption: PPP Company's bank statement for May 2020 shows the following data. PPP Company's book balance at May 31,XXX0 is $13,319. Additional data regarding the cash account. 1. The NSF check was from CCC Company customer. 2. The total outstanding checks at May 31 was $2,410. 3. Deposits in transit at May 31 total $1,752. 4. The check #123 for the amount of $352, dated May 10 , was cleared by the bank on May 25. The company registered on its book that was a payment on account for $325. Actions to take: 1. Prepare the Bank Reconciliation at May 31. 2. Prepare the Journal Entries required by the reconciliation