The Mallon Company deposits all receipts in the bank and makes all payments by check. On November 30 its Cash account has a balance of $2,829.42. The bank statement on November 30 shows a balance of

$2,999.42. You are given the following information with which to reconcile the bank statement:

a. A deposit of $319.23 was placed in the night depository on November 30 and did not appear on the bank statement.

b. The reconciliation for October, the previous month, showed three checks out¬

standing on October 31: no. 727 for $81.30, no. 730 for $127.40, and no.

732 for $38.46. Checks no. 727 and 730 were returned with the November bank statement; however, check no. 732 was not returned.

c. Checks no. 742 for $31, no. 743 for $19.20, no. 744 for $106, and no. 745 for $14.56 were written during November but were not returned by the bank.

d. You compare the canceled checks with the entries in the checkbook and find that check no. 737 for $48 was written correctly, payable to C. R. Mallon, the owner, for her personal use. However, the check was recorded in the checkbook as $84.

e. Included in the bank statement was a bank debit memo for service charges,

$2.99.

f. A bank credit memo was also enclosed for the collection of a note signed by L. B. Leman, $247, including $244 principal and $3 interest.

Instructions 1. Prepare a bank reconciliation as of November 30, assuming that the debit and credit memos have not been recorded.

2. Record the necessary entries in general journal form.