Question: Using the following information: a. The bank statement balance is $4,343. b. The cash account balance is $4,659. C. Outstanding checks amounted to $801. d.

Using the following information: a. The bank statement balance is $4,343. b. The cash account balance is $4,659. C. Outstanding checks amounted to $801. d. Deposits in transit are $1,051. e. The bank service charge is $57. f. A check for $43 for supplies was recorded as $34 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Candace Co. Bank Reconciliation May 31 Cash balance according to bank statement Adjustments: Total adjustments Adjusted balance Cash balance according to company's records Adjustments: $ Total adjustments Adjusted balance

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