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Use the following bank statement and T-account to prepare any journal entries needed as a result of the May 31 bank reconciliation. (If no entry
Use the following bank statement and T-account to prepare any journal entries needed as a result of the May 31 bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Date May 1 May 4 May 12 May 28 May 30 May 31 May 1 May 3 May 29 May 30 May 31 Checks # 2 #4 #5 #6 # 8 Debit 1 $ 40 130 50 45 85 View transaction list 2 Deposits $ 80 BANK STATEMENT 320 80 Cash (A) 320 210 425 320 NSF check Record bank service charges. Journal entry worksheet Service charge 40 100 130 50 45 55 85 Other Credit May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 $80 35 Balance $ 320 360 150 100 375 255 >
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