Question: Prepare a bank re conciliation. d. expense, debit ROBLEM Using the following information, prepare a bank reconciliation for Shredder Co. for May 31 of the

Prepare a bank re Prepare a bank reconciliation. d. expense, debit ROBLEM Using the following information, conciliation.

d. expense, debit ROBLEM Using the following information, prepare a bank reconciliation for Shredder Co. for May 31 of the current year: (a) (b) (c) (d) (e) (f) The bank statement balance is $3,012. The cash account balance is $3,165. Outstanding checks amounted to $590. Deposits in transit are $704. The bank service charge is $30. A check for $76 for supplies was recorded as $67 in the ledger. ANS: Shredder Co Bank Reconciliation May 31, 2016

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