Ex Qu. 175 Peterson Company's general ledger shows a cash balance... Peterson Company's general ledger shows a cash balance of $7,500 on May 31. May cash receipts of s1.220, included in the general ledger balance, are placed in the night depository at the bank on May 31 and processed by the bank on June The bank statement dated May 31 shows an NSF check for $140 and a service fee of S50. The bank processes a checks written by the company by May 31 and ists them on the bank statement except for one check lot g $1.730. The bank statement shows a balance of $7.870 on May 31. Prepare a ban econcilialion la calculate the correct ending balanoe of ca an May 3 be ded ted sh d be th a Aank Rernncillarinn May 31 Company's Cash BalancR k's Cash An Befor reconollatton Batore raranellatikon Arar raconciliation Atter reconcilation