Question: Ch 7 Problem - Bank Reconciliation Using the following information, prepare a bank reconciliation for Bistro Company for May 31, 2022. The bank balance
Ch 7 Problem - Bank Reconciliation Using the following information, prepare a bank reconciliation for Bistro Company for May 31, 2022. The bank balance is $3,450 and the cash ledger balance is $4,045. The following differences were identified: 1. Outstanding checks totaled $1,240. 2. Deposits in transit are $1,610 3. The bank service charge is $55. 4. A check for $94 for supplies was recorded as $49 in the ledger. 5. There was an NSF check for $125. Instructions: 1) Prepare a Bank Reconciliation for the month of May, 2022 (side-by-side or top- bottom format) (14 points) 2) Journalize the adjustments for the book entries. (6 points) Once complete, take an image scan of the work and upload on the assignment page.
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