12. The following information is available for the Avisa Co. for the month of Nov.: a. On Nov. 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $27,202. b. The company's bank statement shows a balance on Nov. 30 of $29,279. c. Outstanding checks at Nov. 30 include check #3030 in the amount of $1,525 and check #3556 in the amount of $1,459. d. A credit memo included with the bank statement indicates that the bank collected $780 on a noninterest-bearing note receivable for Avisa. The bank deducted a $10 collection fee, and credited the remainder of $770 to Avisa's account. e. A debit memo included with the bank statement shows a $67 NSF check from a customer, J. Brown. f. A deposit placed in the bank's night depository on Nov. 30 totaled S1,675, and did not appear on the bank statement. g. Examination of the checks on the bank statement with the entries in the accounting records reveals that check #3445 for the payment of an account payable was correctly written for $2,450, but was recorded in the accounting records as $2,540. h. Included with the bank statement was a debit memorandum in the amount of $25 for bank service charges. It has not been recorded on the company's books. Prepare the Nov. bank reconciliation for Avisa Co. (Format on the next page. Chap. 8) (20 points) Avisa Co. Bank Reconciliation Nov. 30, 20XX Bank Statement Balance Balance S Book Add: Add: Add: Subtotal Subtotal Deduct: Deduct: 13. Based on the above information, prepare the general journal entries to bring the company's book balance of cash into conformity with the reconciled balance as of November 30. (5 points) GENERAL JOURNAL Account Titles and Explanation PR Debi Multiple choice; circle the best answer. (10 @ 2 points = 20 points) (Chap. 11) 14. The characteristics of a liability include: A. A past transaction or event. B. A present obligation. C. A future payment of assets or services. D. Both (a) and (b). E. All of these