1 2 When Sunland Holdings Ltd. received its bank statement for the month of October, it showed that the company had a cash bulance of 517.345 as at October 31. Sunland's peneral ledger showed a cash balance of 519240st that date. A comparison of the bank statement and the accounting records revealed the following information Bank service and credit card charges for the month were 57 Acheque. in the amount of $630. from one of Sunland's customers that had been deposited during the last week of October was returned with the bank statement as "NSES Cheque #3421 which was a payment for utilities expenses, rad been correctly written for at but had been incorrectly recorded in the general ledger as 5680 Sunland had written and mailed out cheques with a value of $2.560 that had not yet cleared the bank account During the month, the bank collected a 52.800 note receivable plus the outstanding interest of $25Z on behalf of Sunland. The interest had already been accrued. The cash receipts for October 31 amounted to 56,690 and had been deposited in the right dropskot at the bank on the evening of October 31. These were not reflected on the bank statement for October 3. 4 5 6. Prepare any journal entries required from the reconciliation. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Cre Date Account Titles and Explanation Oct Bank Charges Expense 31 Bank Loan Payable To record EFT collections To record account receivable) To adjust cheque #3421) 31 To record bank service charge)