On May 15, Taylor Corporation enters into a contract to deliver $6,500 of merchandise on account to Craft Company. Taylor's cost of this merchandise is $5,500 Taylor delivers the merchandise to Craft on June 29. Taylor's fiscal year end is May 31 on which dato would Taylor recognize the revenue? OA May 15 B. June 30 OC May 31 O D. June 29 The Cash account of Rinaldi Corporation had a balance of 53,520 at August 31, 2021. Included were outstanding checks totaling $1,600 and an August 31 deposit of 5500 that did not appear on the bank statement. The bank statement, which came from Turnpike State Bank, listed an August 31 balance of 55,151 Included in the bank balance was an August 30 collection of 5559 on account from a customer who pays the bank directly. The bank statement also showed a $11 service charge, $8 of interest revenue that Rinaldi oamned on its bank balance, and an NSF check for $25 Prepare a bank reconciliation to determine how much cash Rinaldi actually had at August 31, Prepare a bank reconciliation to determine how much cash Rinaldi actually had at August 31 (Include the balances at August 31 in each of the addition subtotal calculations Rinaldi Corp Bank Reconciliation August 31, 2021 Bank Books Balance August 31 Balance August 31 Add Add Subtotal Subtotal LOS Loss Adjusted bank balance Adjusted book balance Rinaldi hasahol of August 31