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Use the following bank statement and T-account to prepare the May 31 bank reconciliation. BANK STATEMENT Deposits Checks Other Date May 1 4 12 28
Use the following bank statement and T-account to prepare the May 31 bank reconciliation. BANK STATEMENT Deposits Checks Other Date May 1 4 12 28 30 May 31 #2 #4 $ 90 NSF check $90 Balance $360 409 170 119 415 275 $ 50 140 60 55 95 #5 #6 #8 360 Service charge 45 May 1 May 3 Cash (A) 360 90 50 110 140 60 55 360 65 230 95 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 31 465 Bank Reconciliation May 31 Bank Statement Ending Balance per Bank Statement Additions: Company's Books Ending Balance per Cash Account Additions: 0 0 0 0 Deductions: Deductions: 0 0 0 Up-to-Date Cash Balance Up-to-Date Cash Balance $ $ 0
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