help please! (45)

Peterson Company's general ledger shows a cash balance of $7,630 on May 31 May cash receipts of $1,330, 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 1 The bank statement dated May 31 shows an NSF check from a customer for $170 and a service fee of $50. The bank processes all checks written by the company by May 31 and lists them on the bank statement. except for one check totaling $1,780. The bank statement shows a balance of $7,860 on May 31 Required: Prepare a bank reconciliation to calculate the correct balance of cash on May 31. (Amounts to be deducted should be indicated with a minus sign.)