The Cash account of Reese Corporation had a balance of $3,540 at October 31, 2018. Included were outstanding checks totaling $1,800 and an October 31 deposit of $300 that did not appear on the bank statement. The bank statement, which came from Turnstone State Bank, listed an October 31 balance of S5,570. Included in the bank balance was an October 30 collection of $600 on account from a customer who pays the bank directly. The bank statement also showed a $30 service charge, $10 of interest revenue that Reese eamed on its bank balance, and an NSF check for $50. Read the requirement Prepare a bank reconciliation to determine how much cash Reese actually had at October 31. (Include the balances at October 31 in each of the addition subtotal calculations.) Reese Corp Bank Reconciliation October 31, 2018 Bank Books Balance, October 31 5570 Balance, October 31 3540 Add: Service charge 30 Outstanding checks 1800 Subtotal Deposit in transit 300 Subtotal Less: Less: Deposit in transit 300 Add: Adjusted bank balance 2040 Adjusted book balance