• Set up linked accounts as appropriate. Create new accounts if necessary.
• Reconcile the Chequing Account CAD account at May 25 using the latest bank statement. Note the ending date of the bank statement is May 18^th.

There were two outstanding transactions from the prior month that cleared this month:

Source	Description	Date	Amount
606	Deposit slip	April 15	Deposit $2,850
431	Rakes Inc	April 14	Payment $1,850

1. 
   

2. Bank statement for the Month Ended May 18
4. 
   

Withdrawals Deposits Balance

Apr. 15 Balance forward				27,980.00
Apr. 25 Deposit 606			2,850.00
Apr. 30 Cheque 431		1,850.00
May 4 Cheque 432		158.20
May 7 Deposit 607			5,418.29
May 7 Cheque 433		6,870.00
May 15 Credit memo			10,000.00
May 18 Deposit 608			1,332.00
May 18 Transfer			4,000.00
May 18 Service fee		18.00
May 18 Closing Balance				42,684.09