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Using the following information, prepare a bank reconciliation for Biron Bay Ltd as at 31 May. a. The bank statement balance is $18,200. The cash

Using the following information, prepare a bank reconciliation for Biron Bay Ltd as at 31 May.

a. The bank statement balance is $18,200.

  1. The cash account balance is $14824.
  2. Outstanding cheques totalled $3200.
  3. Deposits in transit are $600.
  4. The bank service charge is $24.
  5. Collection of note by bank, $800.

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