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Cengag ciples of Accounting Using the following information: 1. The bank statement balance is $5,057. 2. The cash account balance is $5,282. 3. Outstanding checks

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Cengag ciples of Accounting Using the following information: 1. The bank statement balance is $5,057. 2. The cash account balance is $5,282. 3. Outstanding checks amounted to $857. 4. Deposits in transit are $999. 5. The bank service charge is $74. 6. A check for $43 for supplies was recorded as $34 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Adjusted balance

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