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High Quality Store developed the following information in recording its bank statement for the month of May. Balance per books May 31 Balance per bank
High Quality Store developed the following information in recording its bank statement for the month of May. Balance per books May 31 Balance per bank statement May 31 $ 3,664 $10,900 (1) Checks written in May but still outstanding $9,711. (2) Deposits of May 28 not yet recorded by bank $4,225. (3) NSF check of customer returned by bank $1,200. (4) Bank service charge for May was $50. (5) The bank collected a note receivable for the company for $3,000. Instructions: Prepare bank reconciliation at May 31. Bank Book
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