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Use the following bank statement and T-account to prepare the May 31 bank reconciliation Use the following bank statement and T-account to prepare the May
Use the following bank statement and T-account to prepare the May 31 bank reconciliation
Use the following bank statement and T-account to prepare the May 31 bank reconciliation. Date May 1 May 4 May 12 May 28 May 30 May 31 Debit May 1 May 3 May 29 May 30 May 31 Checks $ 105 195 115 110 150 Cash 580 145 580 340 745 BANK STATEMENT Deposits $ 145 Other NSF check 580 Service charge Credit $ 145 100 (A) 105 105 195 115 110 120 150 May 3 May 4 May 8 May 11 May 21 May 29 May 30 Bank Reconciliation May 31 Balance $ 580 620 280 165 635 385 Company's Books Bank Statement Ending Balance per Bank Statement Additions: Deductions: Up-to-Date Cash Balance Ending Balance per Cash Account Additions: Deductions: Up-to-Date Cash Balance
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