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4. (6 points) Bank Reconciliation Foreman Corp. prepares monthly bank reconciliations of its checking account...

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4. (6 points) Bank Reconciliation Foreman Corp. prepares monthly bank reconciliations of its checking account balance. The bank statement for May 2019, indicated the following: Bank balance, May 31, 2019 Service charge for May Interest earned during May NSF check from Valerie Corp. (deposited by Foreman) Note ($3,000) and interest ($296) collected for Foreman from a customer of Foreman's $16,117 37 30 100 3,296 Book balance per Foreman's books (unadjusted) Outstanding checks as of May 31 Deposit in transit at May 31 Error in recording check # 4456 issued by Foreman (book error). Foreman needs to subtract this amount from their books. $11,555 4,315 2,852 90 The correct amount of check #4456 is $760. It was recorded as a cash disbursement of $670 by mistake. The check was issued to pay for merchandise purchases. The check appeared on the bank statement correctly. A. Prepare a bank reconciliation schedule at May 31, 2019, in proper form

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