Exercise 6-14 Bank reconciliation LO P3 Wright Company's cash account shows a $28.700 debit balance and its bank statement shows $27000 on deposit at the close of business on May 31 a. The May 31 bank statement lists $160 in bank service charges; the company has not yet recorded the cost of these services b. Outstanding checks as of May 31 total $6.200 c. May 31 cash receipts of $6,800 were placed in the bank's night depository ofter banking hours and were not recorded on the May 31 bank statement d. In reviewing the bank statement, a $460 check written by Smith Company was mistakenly drawn against Wright's account e. The bank statement shows a $480 NSF check from a customer, the company has not yet recorded this NSF check. Prepare its bank reconciliation using the above information, WRIGHT COMPANY Bank Reconciliation May 31 Bank statement balance Add Book balance N Add Deduct Deduct Adjusted bank balance Adjusted book balance