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Breat Kright opentes a roler skating center, Rollorfun-USA. He hss just received the company's monthy bank statemont at May 31 from Frederick Notional Bank, and

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Breat Kright opentes a roler skating center, Rollorfun-USA. He hss just received the company's monthy bank statemont at May 31 from Frederick Notional Bank, and the statoment shows an ending balance of \$715. Listed on the statement are an EFT rent colloction of $310, a service charge of 57 , two NSF checks totaling $80, and an $3 charge for printed checks. In revewing his cash rocords. Knigkt identlies ouktanding checks tolaling $600 and a May 31 depoeit in transit of $1,780. During May, he recorded e $300 check for the salary of a part-6ime omployee as 530 Khights Cash acoount thows a May 31 cash balance of 51,944 . Read the resuirnment Propare the Bark section, theo the Book section of the bank reconcliation to delermine how much cash Knight octualy has at May 31 . Iliclude the balances at May 31 in each of the addition ght operates a roller skating center, Rollerfun USA. He has just received the company's monthly bank statement at May 31 from Frec alance of $715. Listed on the statement are an EFT rent collection of $310, a service charge of $7, two NSF checks totaling $80, and ords, Knight identifies outstanding checks totaling $606 and a May 31 deposit in transit of $1,780. During May, he recorded a $300 ch Cash account shows a May 31 cash balance of $1,944. e requivement

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