Using the following information: 1. The bank statement balance is $3.989 2. The cash account balance is $4,149 3. Outsta
Posted: Thu Apr 28, 2022 10:56 am
Using the following information: 1. The bank statement balance is $3.989 2. The cash account balance is $4,149 3. Outstanding checks amounted to $889. 4. Deposits in transit are $971. 5. The bank service charge is $69 6. A check for $72 for supplies was recorded as $63 in the ledger Prepare a bank reconciliation for Candace Co. for May 31 Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement Adjusted balance Cash balance according to company's records Do dini = Adjusted balance