The cash account of Dixon Products reveals the following information: The bank statement for May contains the following information: A comparison of detailed company records with the bank statement indicates the following information: The bank amounts are determined to be correct. Required: 1. Prepare a bank reconciliation for May. 2. Prepare the adjusting entries made by Dixon as a result of the reconciliation process. 3. What amount is reported for cash on the balance sheet at May31?
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