Content Area Using the following information: The bank statement balance is $4,653. The cash account balance is $5,257. Outstanding checks amount to $601. Deposits in transit are $1,134. The bank service charge is $62. A check for $47 for supplies was recorded as $38 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Line Item Description Amount Amount Cash balance according to bank statement $Cash balance according to bank statement - Select - - Select - Adjusted balance $Adjusted balance Cash balance according to company's records $Cash balance according to company's records $- Select - - Select - Total deductions Total deductions Adjusted balance $Adjusted balance