Use the following bank statement and T-account to prepare the May 31 bank reconciliation. BANK STATEMENT Deposits Checks Other $ 60 Date May 1 4 12 28 30 May 31 NSF check $60 #2 #4 #5 #6 #8 $ 20 110 30 25 65 Balance $240 280 110 80 295 215 240 Service charge 15 May 1 May 3 Cash (A) 240 60 20 80 110 30 25 240 35 170 65 345 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 Bank Reconciliation May 31 Company's Books $ 215 Ending Balance per Cash Account Additions: $ Bank Statement Ending Balance per Bank Statement Additions: Deposit in Transit 345 0 0 0 215 345 Deductions: Deductions: Outstanding Checks #3 Outstanding Checks #7 0 0 345 Up-to-Date Cash Balance $ 215 Up-to-Date Cash Balance $