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Use the following bank statement and T-account to prepare the May 31 bank reconciliation. ANK STATEMENT Deposits Other Date May 1 May 4 Checks
Use the following bank statement and T-account to prepare the May 31 bank reconciliation. ANK STATEMENT Deposits Other Date May 1 May 4 Checks #2 May 12 May 28 May 30 May 31 21568 $ 10 $ 50 #4 100 NSF check #5 20 #6 15 200 #8 55 Service charge Cash (A) Debit Credit May 1 200 May 3 50 10 May 3 #2 70 May 4 #3 100 May 8 #4 20 May 11 #5 15 May 21 #6 May 29 200 25 May 29 #7 May 30 150 55 May 30 #81 May 311 305 Balance $ 200 240 $ 50 90 70 255 S 195
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