Using the following information:

The bank statement balance is $$5,120.$

The cash account balance is $$5,508.$

Outstanding checks amounted to $$838.$

Deposits in transit are $$1,180.$

The bank service charge is $$37.$

A check for $$80$ for supplies was recorded as $$71$ 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

Adjusted balance

Cash balance according to company's records