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Using the following information, prepare a bank reconciliation for Abell Co for May 31, 2011 a The bank statement balance is $ 2,497. b The
| Using the following information, prepare a bank reconciliation for Abell Co for May 31, 2011 | |||||||||
| a | The bank statement balance is $ 2,497. | ||||||||
| b | The cash account balance is $ 2,580. | ||||||||
| c | Outstanding checks amunted to $ 703. | ||||||||
| d | Deposits in transit are $ 732. | ||||||||
| e | The bank service charge is $ 25. | ||||||||
| f | Interest added to the checking account by the bank is $ 7. | ||||||||
| g | A check drawn for $ 59 was incorrectly charged by the bank as $ 95. | ||||||||
| Abell co | |||||||||
| Bank Reconciliation | |||||||||
| For Month of May 2011 | |||||||||
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