P5. Using the following information, prepare a bank reconciliation for ABC Company for December 31, 2007 5pts.). 1. The bank statement balance is $3,680. 2. The book cash account balance is $4,640 3. A check for $120 for supplies was recorded as $140 in the ledger. 4. Outstanding checks totaled $1,000. 5. Deposits in transit are $1,550. 6. The bank service charge is $30. 7. $400 NSF check is notified by the bank Instruction: For your convenience, bank statement balance ($3,680) and book balance ($4.640) are already provided in the reconciliation table Just adjust (reconcile) No. 3 to No. 7 accordingly with bank or book balance to get the adjusted balances in Q and R. Start with Book Balance of $4,640 Start with Bank Statement Balance of $3,680 Add Add (+) Less Less (-) 1 Adjusted Balance Adjusted Balance