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.)

BANK STATEMENT
Date	Checks		Deposits	Other		Balance
May 1						$ 540
May 4	#2	$ 95	$ 135			580
May 12	#4	185		NSF check	$ 135	260
May 28	#5	105				155
May 30	#6	100	540			595
May 31	#8	140		Service charge	90	365

Cash (A)
Debit		Credit
May 1	540
May 3	135	95	May 3 #2
		95	May 4 #3
		185	May 8 #4
		105	May 11 #5
		100	May 21 #6
May 29	540	110	May 29 #7
May 30	320	140	May 30 #8
May 31	705