Bank Reconciliation Statement As at 31 May 2003 Balance per bank statement 30 April 2003 4,328.90 Cr Add: Outstanding deposits 1,224.50 5,553.40 Less: Unpresented cheques 223.70 Balance per Cash at Bank account at 31 May 2003 5,329.70 Dr The total in the Cash Receipts Journal for the month of May was $64,776.30 and the total of the Cash Payments Journal was $63,265.60. From the current bank statement with a closing credit balance of $9,154.40, it was noted that cheques presented and paid amounted to $59,725.10, and total deposits amounted to $64, 780.60. There were also additional debits on the statement for a dishonoured cheque for $210, and account fees for $20. An examination of the records revealed that all reconciling items at 31 May 2003 appeared in the bank statement for June, unpresented cheques at 30 June totalled $7, 154. 40, and that the 30 June deposit of $1,950.40 had not been credited by the bank. Your check of the cash journals revealed that addition errors had been made by the clerks responsible. Receipts should have totalled $65, 766.30 and payments should have totalled $63,185.60