On May $31,$ Carla Vista Limited had a cash balance per books of $$13,500.$ The bank statement from Community Bank on that date

showed a balance of $$15,700.$ A comparison of the bank statement with the company's Cash account revealed the following:

The bank statement included a bank service charge of $$80.$

The bank statement included electronic collections totalling $$4,280.$ These were not previously recorded.

Outstanding cheques at April $30$ totalled $$3,330.$ Of these, $$2,420$ worth cleared the bank in May. There were $$1,820$ of

cheques written in May that were still outstanding on May $31.$

Included with the cancelled cheques was a cheque issued by O'Bearne Inc. for $$1,260$ that was incorrectly charged to Carla

Vista by the bank.

On May $31,$ the bank statement showed a returned $($NSF$)$ cheque for $$1,420$ issued by a customer in payment of its account.

In addition, the bank charged an $$80$ processing fee for this transaction.

the bank's night deposit chute on May $31.$

$($a$)$

Prepare the bank reconciliation at May $31.($List items that increase balance as per bank & books first.$)$

CARLA VISTA LTD$.$

Bank Reconciliation

May $31$