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PROBLEM#4-Bank Reconciliation On October 31, 2015, E. Olson received a bank statement showing a balance of $5,244.77. The bank statement showed the following information: Beginning

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PROBLEM#4-Bank Reconciliation On October 31, 2015, E. Olson received a bank statement showing a balance of $5,244.77. The bank statement showed the following information: Beginning Balance: $4,329.05 Deposits: $2,195.84 Checks: $1,260.12 Service Charges: $20.00 Ending Balance: $5,244.77 The deposits were as follows: October 3: $874.39 October 10: $520.93 October 17: $258.75 October 24: $541.77 The checks were as follows: #259: $563.54 #260: $206.84 #261: $489.74 In Ms. Olson's checkbook, the following is shown: Beginning Balance: $4,329.05 Deposits: $2,885.24 Checks: $4,046.33 Ending Balance: $3,167.96 The deposits were as follows: October 3: $874.39 October 10: $520.93 October 17: $258.75 October 24: $541.77 October 31: $689.40 The checks were as follows: #256: $1,483.06 #259: $563.54 #260: $206.84 #261: $489.47 #262: $382.99 #263: $400.00 #265: $520.43 REQUIRED: Reconcile the bank statement using good form. Make sure to label the amounts properly. Assume that any errors were made by us. The bank is correct

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