Presented below is information related to Tanizaki Inc. Balance per books at October 31, $41,847.85; receipts $173,523.91; disbursements $166,193.54. Balance per bank statement November 30, $56,274.20.

The following checks were outstanding at November 30.

1224 .... $1,635.29

1230 .... 2,468.30

1232 .... 3,625.15

1233 ..... 482.17

Included with the November bank statement and not recorded by the company were a bank debit memo for $27.40 covering bank charges for the month, a debit memo for $572.13 for a customer’s check returned and marked NSF, and a credit memo for $1,400 representing bond interest collected by the bank in the name of Tanizaki Inc. Cash on hand at November 30 recorded and awaiting deposit amounted to $1,915.40.

Instructions

(a) Prepare a bank reconciliation (to the correct balance) at November 30, for Tanizaki Inc. from the information above.

(b) Prepare any journal entries required to adjust the cash account at November 30.