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2. The following information for Lenox Company is available to assist the accountant to prepare the bank reconciliation during the month of December 2022:
2. The following information for Lenox Company is available to assist the accountant to prepare the bank reconciliation during the month of December 2022: 1. Lenox Company's bank statement shows a balance of $9,480 on December 31st, (12.5pts.) 2. The cash account in the General Ledger shows a balance of $8,430. 3. A check for $600 received from a customer, B. Love, was returned with the bank statement marked "N.S.E.". 4. The total amount of outstanding checks on December 31st was $540. 5. Bank service charges were $50. 6. A check for office supplies was entered on the books of the Company as $762. This was an error. The check was written for $726, and the bank deducted the correct amount during December. 7. A deposit of $2,350 made on December 31st did not appear on the bank statement.. 8. The bank collected a customer's interest-bearing note with the face value of $3,820 plus $54 of interest. 9. The bank statement included another company's withdrawal for $440 that was erroneously deducted from the Company's balance. 10. Cash sales of $620 on December 12 were deposited in the bank. The cash receipts journal entry and the deposit slip were wrongly made for $580. The bank credited the company for the correct amount. Required: a) Prepare a Bank Reconciliation statement on December 31, 2022. b) Prepare the necessary general journal entries to correct the accounts of the Lenox Company. Omit Explanations. (10 pts) (2.5pts) Aving Re
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