Using the Following Information, Prepare a Bank Reconciliation for Candace $\$ 2,936$

Essay

Using the following information, prepare a bank reconciliation for Candace Co. for May 31: (a) The bank statement balance is $\$ 2,936$ .
(b) The cash account balance is $\$ 3,194$ .
(c) Outstanding checks amounted to $\$ 465$ .
(d) Deposits in transit are $\$ 655$ .
(e) The bank service charge is $\$ 50$ .
(f) A check for $\$ 97$ for supplies was recorded as $\$ 79$ in the ledger.