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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
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 May 1 May 3 May 29 May 30 May 31 #2 #4 #5 #6 #8 Deductions: Debit Checks $ 70 160 80 75 115 Cash (A) 440 110 440 270 605 Ending Balance per Bank Statement Additions: Bank Statement BANK STATEMENT Deposits $ 110 440 70 70 160 80 75 85 H 55 115 NSF check Other Service charge Credit May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 Bank Reconciliation May 31 $ 110 Deductions: 65 Balance $ 440 480 210 130 495 315 Company's Books Ending Balance per Cash Account Additions:
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