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Using the following Information, prepare a bank reconciliation for Cole Co. for May 31 of the current year: The bank statement balance is $3, 012.

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Using the following Information, prepare a bank reconciliation for Cole Co. for May 31 of the current year: The bank statement balance is $3, 012. The cash account balance Is $3, 165. Outstanding checks amounted to $590. Deposits In transit are $704. The bank service charge is $30. A check for $76 for supplies was recorded as $67 in the ledger

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