You have been asked to help the Rancher Company prepare its bank reconciliation. You examine the company's accounting records and its bank statement at May 31, and find the following information:

a) The cash account has a balance of $7,753.24

b) The bank statement shows a bank balance of $3,783.04

c) The May 31 cash receipts of $4,926.18 were deposited in the bank at the end of that day but were not recorded by the bank until June 1

d) Checks issued and mailed in May but not included among the checks listed as paid on the bank statement were as follows:

Check No. 949 $518.65

Check No. 957 $699.95