Using the following information, prepare a bank reconciliation for Pharoah Company for May 31, 2022. a. The bank statement balance is $8,500. b. The cash account balance is $6,530. C. Outstanding checks totaled $2,020. d. Deposits in transit are $630. e. The bank service charge is $20. f. Collection of note by the bank, $600. Pharoah Company Bank Reconciliation May 31, 2022 Less : Outstanding Checks 2,020 Add : Deposit in Transit 630