Massan Company deposits all receipts on the day they are received and it makes all payments

by check.

At the close of business on May 31, 2017 Massan's cash account shows a $27,500 debit balance.

The company's May 31 bank statement shows $25,800 on deposit in the bank.

Required:

A

Prepare a bank reconciliation for the company using the following information:

1

The May bank statement lists $100 in bank service charges.

2

5 outstanding checks as of May31 total $5,600.

3

The May 31 cash receipts of ^6,200 were placed in the bank's night depository after

banking hours and were not therefore recorded on the May 31 bank statement.

4

When reviewing the bank statement, a $400 check written by the ABC company

was mistakenly drawn against Massan's account.

5

The May 31 bank statement shows a $600 NSF check from a customer; the

company has not yet recorded this NSF check.

	Massan Company
	Bank Reconciliation as at (date)
						US $
	Balance per bank as at
	Add:
						-
	Less:
						-
	ADJUSTED BANK BALANCE as at					-
						US $
	Balance per books as at
	Add:
						-
	Less:
						-
	ADJUSTED BANK BALANCE as at					-

Prepare journal entries to record the bank reconciliation.?