Pererson Companys general ledger shows a cath balance of $7,850 on May 31, May cash receipts of $1.250, inchuded in the gerieral ledger balance, are placed in the night depositoryat the bank on May 31 and processed ty the bank on June 1 . The bank statement dated May 31 shows an 145 check for 3200 and a servikn fee of 350 The bank processes allichecks written by the compary by May 31 and lists them on the bank statement, escept for one check fot Wing 51 ic 40 . The bank ataternent whows a batuce of S7.940 or Mar 31.1. Prepare a bank reconciesation to calculate the correct endine balance of cashon May 31 2. Frepare the adpustingtentries