2. Journalize the necessary entries (a.) that increase cash and (b.) that decrease cash. The accounts have not been closed. If an amount box does not require an entry, leave it blank. a. 20Y9 Nov. 30 b. Nov. 30 1 Feedback Check My Work 2. Keep in mind that the company needs to journalize any adjusting items in the company section of the bank reconciliation, because these have not been previously recorded by the company. D collections of notes or interest by the bank increase cash. If the company made an error that overstates or understates cash in the company section, the journal adjustment would decrease Cash 3. If a balance sheet were prepared for Collegiate Sports Co. on November 30, 2019, what amount should be reported as cash? $ Bank collation and rais The cash account for Collegiate Sport: Co. on November 1, 2099, indicated a balance of $13,710. During November, the total cash deposited was $74,930 and checks written totaled $69,570. The bank statement Incicated a balance of $25.400 on November 30, 20YS. Comparing the bank statement, the canceled checks, and the socorrpanying memes with the records revealed the following recurcing iteris: Checks otsaandry fotele $11,310. b. A deposit of 59,220, representing recepts of November 30, ad been rece too late to appear on the bank statement Acheck for $650 hed beer nourrectly charged by the bankes 5580 d. A check for $850 returned with the scalement had been recorded by Colegiale Sports Co,. 5580. The check were for the peyment of an obligation to Ramirez on account, The bank had collected for Collegiate Sports $4,870 on a note len for collection. The roof the male nes $4,500. (Rank service charges for November amounted to $50. 9. A check for $1,120 from Hallen Academy was returned by the bark because of insuficient funds. Instructions: 1. Prepere a bank recunciation as of November 30, 2019 Collegiate Sports Co. Bank Reconciliation November 30, 2010 Cash balance according to bank statement Add: Deposit in transit on November 30 Deduct: Outstanding checks Deduct: Bank error in charging check as $580 Instead of $850 $25.40p W.220 LID 270 Tocal deductions 11.5107 Adjusted balance $ 2140 Cash balance according to company record: $25.00 X Tocal additions Tocal decisions Adjustod balanca