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Using the following Information: a. The bank statement balance is $3,737. b. The cash account balance is $4,030. c. Outstanding checks amounted to $832. d.

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Using the following Information: a. The bank statement balance is $3,737. b. The cash account balance is $4,030. c. Outstanding checks amounted to $832. d. Deposits In transit are $1,051. e. The bank service charge is $65. f. A check for $80 for supplies was recorded as $71 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 Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: Total adjustments Adjusted balance

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