( 6 marks available) The following data apply to ABC Quality Goods for May Year 1: - Balance per the bank on May 31: $11,220 and book balance, May 31, Year 1$11,718 - Deposits in transit not recorded by the bank: $2,470. - Bank error; cheque written by Best Beauty Supply was charged to ABC Quality Goods's account: $800. - The following cheques written and recorded by ABC Quality Goods were not included in the bank statement: disbursements journal. - Bank service charge in addition to the note collection fee: $45. - Customer cheques returned by the bank as NSF: $177. Prepare a bank reconciliation statement for ABC Quality Goods as on 31 May. ( 6 marks available) ( 6 marks available) The following data apply to ABC Quality Goods for May Year 1: - Balance per the bank on May 31: $11,220 and book balance, May 31, Year 1$11,718 - Deposits in transit not recorded by the bank: $2,470. - Bank error; cheque written by Best Beauty Supply was charged to ABC Quality Goods's account: $800. - The following cheques written and recorded by ABC Quality Goods were not included in the bank statement: disbursements journal. - Bank service charge in addition to the note collection fee: $45. - Customer cheques returned by the bank as NSF: $177. Prepare a bank reconciliation statement for ABC Quality Goods as on 31 May. ( 6 marks available)