Instructions Using the following information: (a) (b) (c) (d) The bank statement balance is $4,754. The cash account balance is $5,214 Outstanding checks amounted to $770. Deposits in transit are $1,172 (e) ( The bank service charge is $49. A check for $42 for supplies was recorded as $33 in the ledger. Required: Prepare a bank reconciliation for Candace Co for May 31. Be sure to complete the statement heading Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. "Deduct" or "Add" will automatically appear if it is required. Enter all amounts as positive values Labels and Amount Descriptions Prepare a bank reconciliation for Candace Co. for May 31 Be sure to complete the statement heading Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices text entries. "Deduct" or "Add" will automatically appear if it is required. Enter all amounts as positive values Candace Co Bank Reconciliation (Label 1 Cash balance according to bank statement Adjusted balance 6 Cash balance according to company's records 10 Adjusted balance