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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 $ 200
Use the following bank statement and T-account to prepare the May 31 bank reconciliation.
BANK STATEMENT | ||||||
Date | Checks | Deposits | Other | Balance | ||
---|---|---|---|---|---|---|
May 1 | $ 200 | |||||
May 4 | #2 | $ 10 | $ 50 | 240 | ||
May 12 | #4 | 100 | NSF check | $ 50 | 90 | |
May 28 | #5 | 20 | 70 | |||
May 30 | #6 | 15 | 200 | 255 | ||
May 31 | #8 | 55 | Service charge | 5 | 195 |
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 | 25 | May 30 #8 | |
May 31 | 305 |
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