Using the following information: (a) The bank statement balance is $2,936. (b) The cash account balance is $3,194. (c) Outstanding checks amounted to $465. (d) Deposits in transit are $655. (e) The bank service charge is $50. (f) A check for $97 for supplies was recorded as $79 in the ledger. Required: Prepare a bank reconciliation for Candace Co. for May 31. Be sure to complete the statement heading. Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Deduct or Add will automatically appear if it is required. Enter all amounts as positive values. Labels and Amount Descriptions Labels May 31 Amount Descriptions Bank service charge deposits in transit not recorded by bank Error in recording outstanding checks Bank Reconciliation Prepare a bank reconciliation for Candace Co. for May 31. Be sure to complete the statement heading. Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Deduct or Add will automatically appear if it is required. Enter all amounts as positive values. Candace Co. Bank Reconciliation 1 Cash balance according to bank statement 2 3 4 5 Adjusted balance 6 Cash balance according to companys records 7 8 9 10 Adjusted balance