Exercise 8-11 Bank reconciliation LO P3 Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close E of business on May 31, 2017, its Cash account shows a $29,300 debit balance. The company's May 31 bank statement shows $27,600 on deposit in the bank. a. The May 31 bank statement lists $190 in bank service charges, the company has not yet recorded the cost of these services E b. Outstanding checks as of May 31 total $6,500. c. May 31 cash receipts of $7,100 were placed in the bank's night depository after banking hours and were not recorded on the May 31 E bank statement. Ed. In reviewing the bank statement, a $490 check written by Smith Company was mistakenly drawn against Wright's account. e. The bank statement shows a $420 NSF check from a customer, the company has not yet recorded this NSF check. Prepare a bank reconciliation for the company using the above information