Using the following information: 1. The bank statement balance is $4,049. 2. The cash account balance is $4,348. 3. Outstanding checks amounted to $855. 4. Deposits in transit are $1,073. 5. The bank service charge is $72. 6. A check for $70 for supplies was recorded as $61 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement $4 Adjusted balance Cash balance according to company's records Adjusted balance %24 %24