May 31, 2024, Sheridan Theatre's cash account per its general ledger showed the following balance: CASH No. 101 Date Explanation Ref Debit Credit Balance May 31 Balance 5,883 The bank statement from Canada Bank on that date showed the following balance: CANADA BANK Cheques and Debits Deposits and Credits Daily Balance XXX XXX 5/31 5,851 A comparison of the details on the bank statement with the details in the Cash account revealed the following facts. 1. 2. The statement included a debit memo of $40 for the monthly bank service charges. 3. 4. Cash sales of $719 on May 12 were deposited in the bank. The bookkeeper recorded the deposit in the cash journal as $729 Outstanding cheques on May 31 totalled $443 and deposits in transit were $1,235. Sfe On May 18, the company issued cheque #1581 for $684 to M. Miller, on account. The cheque, which cleared the bank in Ma was incorrectly journalized and posted by Sheridan Theatre for $648. 117,96*

prepare the bank reconciliation at May 31(List items that increase balance as per bank and books first.)