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1 Gato Painting Compary mairtains a checking account at American Bank. Bank statements are prepared at the end of each monch The November 30, 2024,
1 Gato Painting Compary mairtains a checking account at American Bank. Bank statements are prepared at the end of each monch The November 30, 2024, reconcliation of the bank balance is as follows: The company's general ledger checking account showed the followng for December: The December bark rtatement cantained the followng informaton: The checks that were procesced by the bank in December include all of the outstancing checks at the end of November except for fheck 7365 . In adduson, there are some December checks that had not besn processed by the bank by the end of the month. Also, fou discover that check $411 for $630 was correctly recorded by the bank but was incorrectly recorded on the books as a $360 fisbursement for advertising expense. Included in the bank's deposits is a $2,100 deposit incorrecty credited to the company's focount. The deposit should have been posted to the credit of the Los Gatos Company. The NSF checks have not been redeposited find the company will seek payment from the customers involved Requtrect: 1. Prepare a bank reconcilation for the E Gato checking account at Diccember 31, 2024 2 Prepare any necessary adjusting joumal entrles indicated. \begin{tabular}{l|l} Required 1 & Required 2 \\ \hline \end{tabular} Prepare a bank reconcliation for the E Gato chedaing account at December 31, 2024. Record adjustments to cash revealed by the bank reconciliation. Use the miscellaneous expense account to record the bank service charges. Note: Enter debits before credits
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