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Use the following bank statement and T-account to prepare the May 31 bank reconciliation. Balance $ 440 BANK STATEMENT Date Checks Deposits Other May 1
Use the following bank statement and T-account to prepare the May 31 bank reconciliation. Balance $ 440 BANK STATEMENT Date Checks Deposits Other May 1 4 #2 $ 70 $ 110 12 #4 160 NSF check $110 28 #5 80 30 #6 75 440 May Service #8 115 65 31 charge 480 210 130 495 315 May 1 May 3 160 Cash (A) 440 110 70 May 3 #2 70 May 4 #3 May 8 #4 80 May 11 #5 75 May 21 #6 440 85 May 29 #7 270 115 May 30 #8 605 May 29 May 30 May 31 Bank Statement Ending Balance per Bank Statement Additions: Bank Reconciliation May 31 Company's Books Ending Balance per Cash Account Additions: 0 0 0 0 Deductions: Deductions: Outstanding Checks #3 Outstanding Checks #4 mm 0 Up-to-Date Cash Balance 0 o Up-to-Date Cash Balance $ $ 0
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