Jansen Companys general ledger showed a checking account balance of $25,520 at the end of May 2018. The May 31 cash receipts of $2,510, included in the general ledger balance, were placed in the night depository at the bank on May 31 and were processed by the bank on June 1. The bank statement dated May 31, 2018, showed bank service charges of $55. All checks written by the company had been processed by the bank by May 31 and were listed on the bank statement except for checks totaling $2,060. Required: Prepare a bank reconciliation as of May 31, 2018. [Hint: You will need to compute the balance that would appear on the bank statement.]

Bank Reconciliation
Bank Balance to Corrected Balance
Balance per bank statement
Corrected cash balance
Book Balance to Corrected Balance
Balance per books
Corrected cash balance