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In preparing its May 31, 2017 bank reconciliation, Sunland Company has the following information available: Balance per bank statement, 5/31/17 Deposit in transit, 5/31/17 Outstanding

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In preparing its May 31, 2017 bank reconciliation, Sunland Company has the following information available: Balance per bank statement, 5/31/17 Deposit in transit, 5/31/17 Outstanding checks, 5/31/17 Note collected by bank in May $42000 5200 3100 1260 The correct balance of cash at May 31, 2017 is $44100. $38590 $35970. $37275

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