2 requirements

El Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month The November 30, 2018, reconciliation of the bank balance is as follows Add: Deposits outstanding Less: Checks outstanding $3,401 1,370 #363 #365 #380 140 218 73 103 260(794 $3,977 The company's general ledger checking account showed the following for December: $3,977 44,350 (43,553) The December bank statement contained the following information: Balance, December 1 Deposits Checks processed Service charges $ 3,401 44,700 (43,618) (39) K Prev 3 of 3 Next> Balance, December 31 $ 4,774 The December bank statement contained the following information: Balance, December 1 Deposits Checks processed Service charges NSF checks $ 3,401 44,700 3:02 (43,618) (39) (610) Balance, December 31 $ 3,834 ces The checks that were processed by the bank in December include all of the outstanding checks at the end of November except for check #365. In addition, there are some December checks that had not been processed by the bank by the end of the month. Also, you discover that check #411 for $ disbursement for advertising expense. I account. The deposit should have been posted to the credit of the Los Gatos Compa and the company will seek payment from the customers involved. s correctly recorded ncluded in the the bank but was incorrectly recorded on the books as a $580 bank's deposits is a $3,000 deposit incorrectly credited to the company's 850 wa by ny. The NSF checks have not been redeposited Required 1. Prepare a bank reconciliation for the El Gato checking account at December 31, 2018. 2. Prepare any necessary adjusting journal entries indicated. Complete this question by entering your answers in the tabs bbiow Prepare a bank reconciliation for the El Gato checking account at December 31, Bank Reconciliation Balance per bank statement Add: :44 Deduct: ces Corrected cash balance Balance per books Add: Deduct Corrected book balance K Prev3 of 3 E Next F3 ! F4 FS ssignment Saved transaction list ournal entry worksheet 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. Event General Journal Debit Credit Record entry Clear entry View general journal Required 1 KPrev3 of 3 Ei Next