PA5-3 (Algo) Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries [LO 5-4, LO 5-5] [The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: There were no deposits in transit or outstanding checks at November 30 . 3. Prepare a bank reconciliation for December. A Record the interest of $40 received from the bank. B Record the service charges of $90 deducted by the bank. C Record the return of the J. Left check of $240 due to insufficient funds. D Record the checks outstanding at the end of the month. E Record the deposits in transit at the end of the month