Prepare a bank reconciliation for the Forbes Company at 5/31/15 from the followinng information and prepare any necessary correcting journal entries:

(A) balance per bank statement as of May 31, $2,424.65;

(B) balance per books as of May 31, $1,275.40;

(C) deposits in transit, $567.21;

(D) outstanding checks, $1,727.96;

(E) bank service charge, $2.50

(F) a $76 check had been erroneously recorded as $67 as debit to miscellaneous expense.