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ion of Markus Theater's bank account at May 31 follows. App-Exercise 8-103 Preparing a Bank Reconciliation Balance from bank statement.$5,250 Balance from books Deposits in
ion of Markus Theater's bank account at May 31 follows. App-Exercise 8-103 Preparing a Bank Reconciliation Balance from bank statement.$5,250 Balance from books Deposits in transit... Checks outstanding....(75) ....$5,932 and Adjusting (7) Entries LO8 Correct bank cash balance, May 31 $5.925 Correct book cash balance, May 31....$5,925 June transactions Bank Books Checks recorded Deposits recorded Service charges recorded. Collection by bank ($1,000 note plus interest) NSF check returned with June 30 statement (to be redeposited; assumed to be collectble), $5,750 $5,900 4,050 4,500 1,050 25 Balances, June 30 4,569 4,525 Required a. Prepare a bank reconciliation for June 2020. b. Prepare all journal entries that should be made based on the June bank reconciliation. 8-104
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