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Balance per bank, November 3 0 $ 3 , 3 3 1 Add: Deposits outstanding 1 , 3 0 0 Less: Checks outstanding # 3

Balance per bank, November 30 $ 3,331
Add: Deposits outstanding 1,300
Less: Checks outstanding
#363 $ 133
#365211
#38066
#38196
#382440(946)
Adjusted balance per bank, November 30 $ 3,685
The companys general ledger checking account showed the following for December:
Balance, December 1 $ 3,685
Receipts 43,650
Disbursements (42,853)
Balance, December 31 $ 4,482
The December bank statement contained the following information:
Balance, December 1 $ 3,331
Deposits 44,000
Checks processed (42,918)
Service charges (32)
NSF checks (540)
Balance, December 31 $ 3,841
The checks that were processed by the bank in December include all of the outstanding checks at the end of November except for check #365. In addition, there are some December checks that had not been processed by the bank by the end of the month. Also, you discover that check #411 for $750 was correctly recorded by the bank but was incorrectly recorded on the books as a $570 disbursement for advertising expense. Included in the banks deposits is a $2,300 deposit incorrectly credited to the companys account. The deposit should have been posted to the credit of the Los Gatos Company. The NSF checks have not been redeposited and the company will seek payment from the customers involved.
Required:
Prepare a bank reconciliation for the El Gato checking account at December 31,2024.
Prepare any necessary adjusting journal entries indicated.

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