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Use the following bank statement and T-account to prepare the May 31 bank reconciliation. Checks BANK STATEMENT Deposits Other $130 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 $130 Date May 1 4 12 28 30 May 31 NSF check $130 #2 #4 #5 #6 #8 $ 90 180 100 95 135 Balance $520 560 250 150 575 355 520 Service charge 85 May 1 May 3 Cash (A) 520 13090 90 180 100 May 3 #2 May 4 #3 May 8 #4 May 11 #5 May 21 #6 May 29 #7 May 30 #8 95 May 29 May 30 May 31 520 310 685 105 135 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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