how to prepare bank reconciliation at may 31 2020

Checks and Debits Deposits and Credits Daily Balance XXX XXX 5-31 8,520.00 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. . The statement included a debit memo of $40 for the printing of additional company checks. Cash sales of $882.16 on May 12 were deposited in the bank. The cash receipts entry and the deposit slip were incorrectly made for $932.16. The bank credited Timmins Company for the correct amount. m Outstanding checks at May 31 totaled $2,020.40. and deposits in transit were $1,860.90. On May 18, the company issued check No. 1181 for $691 to H. Moses, on account. The check, which cleared the bank in May. was incorrectly journalized and posted by Timmins Company for $619. $2,800 was collected by the bank for Timmins Company on May 31 through electronic funds transfer. Included with the canceled checks was a check issued by Tomins Company to C. Pernod for $340 that was incorrectly charged to Timmins Company by the bank. On May 31, the bank statement showed an NSF charge of $440 for a check issued by Sara Ballard. a customer, to Timmins Company on account