$1.$ Prepare a bank reconciliation as of October $31,20$Y$9.$

$2.$ Journalize the necessary entries.

$3.$ If a balance sheet were prepared for Coastal Bike Co$.$ on October $31,20$Y$9,$ what amount should be reported as cash?

Labels:

For the Month Ended October $31,20$Y$9$

October $31,20$Y$9$

Amount Descriptions

Adjusted balance

Bank error in charging check as $$750$ instead of $$570$

Bank service charges

Check returned because of insufficient funds

Deposit in transit on October $31$

Error in recording check

Note collected by bank, including $$270$ interest

Outstanding checks

Total additions

Total deductions