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Using the following information: 1. The bank statement balance is $4,776. 2. The cash account balance is $5,184. 3. Outstanding checks amounted to $658. 4.

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Using the following information: 1. The bank statement balance is $4,776. 2. The cash account balance is $5,184. 3. Outstanding checks amounted to $658. 4. Deposits in transit are $997. 5. The bank service charge is $60. 6. A check for $39 for supplies was recorded as $30 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 Adjusted balance Cash balance according to company's records $ Adjusted balance

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