Question 3 [30 points) The following informabon is for Calaho Inc a Balance per the bank statement dated May 31, 2014 is $32,350 Balance of the Cash account on the company books as of May 31, 2014 is $27.212 Bank deposit on May 31 2014 for $800 does not appear on the bank statement d Bank service charges for the month amount to $20 e Choqums written that had not cleared the bank by May 31, 2014 were #144 3950 129 $1400 130 51.450 120 $1.350 130 S800 1 Cheque #118 for office supplies in the amount of 5674 was recorded in the Cashbursements Journal incorrectly as 5047 Included with the bank statement was a $35 credit memorandum for interest and on the bank account during the month Prepare a tank reconciliation statement as of May 31, 2014, as well as the necessary dysting journal entre Erter the transaction letter as the description when entering the transactions in the pural Dates must be entered in the format darmowy 15 would be Bank Recon May 31 2014 Book balance Add Bank statement balance Add Deduct Deduct Outstanding cheques Adjusted book balance Adjusted and balance Jouma Page 2 F Debt Credit Question 3 [30 points) The following informabon is for Calaho Inc a Balance per the bank statement dated May 31, 2014 is $32,350 Balance of the Cash account on the company books as of May 31, 2014 is $27.212 Bank deposit on May 31 2014 for $800 does not appear on the bank statement d Bank service charges for the month amount to $20 e Choqums written that had not cleared the bank by May 31, 2014 were #144 3950 129 $1400 130 51.450 120 $1.350 130 S800 1 Cheque #118 for office supplies in the amount of 5674 was recorded in the Cashbursements Journal incorrectly as 5047 Included with the bank statement was a $35 credit memorandum for interest and on the bank account during the month Prepare a tank reconciliation statement as of May 31, 2014, as well as the necessary dysting journal entre Erter the transaction letter as the description when entering the transactions in the pural Dates must be entered in the format darmowy 15 would be Bank Recon May 31 2014 Book balance Add Bank statement balance Add Deduct Deduct Outstanding cheques Adjusted book balance Adjusted and balance Jouma Page 2 F Debt Credit