Calculator Labels and Amount Descriptions Bank Reconciliation Instructions Using the following information: (a) (b) c) (d) (e) 06 The bank statement balance is $4,754 The cash account balance is $5 214 Outstanding checks amounted to $770 Deposits in transit are $1,172. The bank service charge is $49 Acheck for $42 for supplies was recorded as $33 in the ledger Required: Prepare a bank reconciliation for Candace Co for May 31. Be sure to complete the statement heading. Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. 'Deduct" or "Add" will automatically appear if it is required Previous Calculator Bank Reconciliation Instructions Labels and Amount Descriptions Labels May 31 Amount Descriptions Bank service charge Deposits in transit not recorded by bank Error in recording check Outstanding checks mplete the statemen tentries. "Deducto Calculator Bar. Reconciliation Instructions Bank Reconciliation LILNIMI A ste balance Cash balance according to company's records 1 Adjusted balance