M5-12 Preparing a Bank Reconciliation [LO 5-4] Use the following bank statement and T-account to prepare the May 31 bank reconciliation. BANK STATEMENT Date Other Balance $200 240 90 70 255 195 Checks Deposits May 1 4 #2$ 10 $50 12 #4 100 28 #5 20 30#6 15 NSF Check $50 200 May 31 #8 55 Service charge 5 Cash (A) 200 May 1 May 3 50 10 70 100 20 15 200 25 150 55 May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 May 29 May 30 May 31 305 Bank Reconciliation May 31 Bank Statement Company's Books Ending Balance per Bank Statement Additions: Ending Balance per Cash Account Additions: S 305 305 Deductions: Deductions: Bank Service Charges Up-to-Date Cash Balance 0 Up-to-Date Cash Balance 305