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Using the following information: a . The bank statement balance is $ 4 , 2 6 5 . b . The cash account balance is
Using the following information:
a The bank statement balance is $
b The cash account balance is $
c Outstanding checks amount to $
d Deposits in transit are $
e The bank service charge is $
f A check for $ for supplies was recorded as $ in the ledger.
Prepare a bank reconciliation for Candace Co for May
Candace Co
Bank Reconciliation
May
Line Item Description
Cash balance according to bank statement
Adjusted balance
Cash balance according to company's records
Total deductions
Adjusted balance
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