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Use the following bank statement and T-account to prepare the May 31 bank reconciliation. BANK STATEMENT Date Checks Deposits Other Balance May 1 $ 540
Use the following bank statement and T-account to prepare the May 31 bank reconciliation. |
BANK STATEMENT | |||||||||||
Date | Checks | Deposits | Other | Balance | |||||||
May 1 | $ | 540 | |||||||||
4 | #2 | $ | 95 | $ | 135 | 580 | |||||
12 | #4 | 185 | NSF Check $135 | 260 | |||||||
28 | #5 | 105 | 155 | ||||||||
30 | #6 | 100 | 540 | 595 | |||||||
May 31 | #8 | 140 | Service charge 90 | 365 | |||||||
Cash (A) |
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 | |||
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