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Problem 3 The books shows a balance of 7,753.24 The bank statement shows a balance of 3,783.04 On May 31* your check was deposited into

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Problem 3 The books shows a balance of 7,753.24 The bank statement shows a balance of 3,783.04 On May 31* your check was deposited into the bank. The amount is 4926.15 Outstanding checks were for 518.65 and 699.95 Bank service charges are 27.00. A check received from a customer for 241.00 was returned marked NSF. Interest of 25.15 was earned on the account. A check written for rent for 647.21 was recorded in the check register for 627.41 Required: Prepare the bank reconciliation and the journal entries

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