Using the following information: a. The bank statement balance is $5,583. b. The cash account balance is $5,989. c. Outstanding checks amount to $740. d. Deposits in transit are $1,113. e. The bank service charge is $24. f. A check for $52 for supplies was recorded as $43 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31. Line Item Description Cash balance according to bank statement Candace Co. Bank Reconciliation May 31 Adjusted balance Cash balance according to company's records Total deductions Adjusted balance Amount Amount

Using the following information: a. The bank statement balance is $5,583. b. The cash account balance is $5,989. c. Outstanding checks amount to $740. d. Deposits in transit are $1,113. e. The bank service charge is $24. f. A check for $52 for supplies was recorded as $43 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31