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Saved Help Save& Exit Wright Company deposits all of business on May 31, its Cash account shows a $30,900 debit balance. The company's May 31

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Saved Help Save& Exit Wright Company deposits all of business on May 31, its Cash account shows a $30,900 debit balance. The company's May 31 bank statement shows $2 deposit in the bank. cash receipts on the day when they are received and it makes all cash payments by check. At the close 9,200 on The May 31 bank statement lists $270 in bank service charges: the company has not yet recorded the cost of these services b. Outstanding checks as of May 31 total $7.300 c May 31 cash receipts of $7,900 were placed in the bank's night depository after banking hours and were not recorded on the May 31 bank statement d. In reviewing the bank statement, a e. The bank statement shows a $260 NSF check from a customer, the company has not yet recorded this NSF check $570 check written by Smith Company was mistakenly drawn against Wright's account Prepare a bank reconciliation for the company using the above information. WRIGHT COMPANY Bank Reconciliation 31 Book balance Bank statement balance Add Add Prey 1 of 14 Nex

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