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Use the following bank statement and T-account to prepare the May 31 bank reconciliation. Checks BANK STATEMENT Deposits Other $125 Date May 1 4 12
Use the following bank statement and T-account to prepare the May 31 bank reconciliation. Checks BANK STATEMENT Deposits Other $125 Date May 1 4 12 28 30 May 31 NSF check $125 #2 #4 #5 #6 #8 $ 85 175 95 90 130 Balance $500 540 240 145 555 345 500 Service charge 80 May 1 May 3 Cash (A) 500 125 50000 un 95 90 100 130 May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 May 29 May 30 May 31 500 300 665 Bank Statement Ending Balance per Bank Statement Additions: Bank Reconciliation May 31 Company's Books Ending Balance per Cash Account Additions: Deductions: Deductions: Up-to-Date Cash Balance Up-to-Date Cash Balance
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