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Using the following information: The bank statement balance is $5,331. The cash account balance is $5,777. Outstanding checks amounted to $646. Deposits in transit are

Using the following information:

The bank statement balance is $5,331.

The cash account balance is $5,777.

Outstanding checks amounted to $646.

Deposits in transit are $1,059.

The bank service charge is $24.

A check for $73 for supplies was recorded as $64 in the ledger.

Candace Co. Bank Reconciliation May 31
Cash balance according to bank statement $fill in the blank 1
Adjustments:

Bank service chargeDeposits in transit not recorded by bankError in recording check

$

Bank service chargeError in recording checkOutstanding checks

- Select -
Total adjustments fill in the blank 6
Adjusted balance $fill in the blank 7
Cash balance according to company's records $fill in the blank 8
Adjustments:

Bank service chargeDeposits in transit not recorded by bankOutstanding checks

$

Deposits in transit not recorded by bankError in recording checkOutstanding checks

Total adjustments fill in the blank 13
Adjusted balance $fill in the blank 14

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