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Using the following information, prepare a bank reconciliation Bank balance: $12.565. Book balance: $13,744 Deposits in transit: $2,509 Outstanding checks: $1,777 Bank charges: $125. Bank

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Using the following information, prepare a bank reconciliation Bank balance: $12.565. Book balance: $13,744 Deposits in transit: $2,509 Outstanding checks: $1,777 Bank charges: $125. Bank incorrectly charged the account for $412. The bank will correct the error next month. Check number 1879 correctly cleared the bank in the amount of $562 but posted in the accounting records as $652. This check was expensed to Utilities Expense Use the following Formati Bank Statement Balance Add: Less Adjusted Bank Balance Book Balance Add: Less Adjusted book balance TTT Anal 31124 T-E

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