3 12 27:25 a. Outstanding checks are $1,245. b. The October 31 cash receipts of $800 are not deposited in the bank until November 2. c. One check written in payment of utilities for $140 is correctly recorded by the bank but is recorded by Blockwood as a disbursement of $401. d. In accordance with prior authorization, the bank withdraws $653 directly from the checking account as payment on a note payable. The interest portion of that payment is $53 and the principal portion is $600. Blockwood has not recorded the direct withdrawal. e. Bank service fees of $27 are listed on the bank statement. f. A deposit of $570 is recorded by the bank on October 13, but it did not belong to Blockwood. The deposit should have been made to the checking account of Hollybuster Video, a separate company. g. The bank statement includes a charge of $78 for an NSF check. The check is returned with the bank statement, and the company will seek payment from the customer. Required: 1. Prepare a bank reconciliation for the Blockwood checking account on October 31, 2021. (Amounts to be deducted should be indicated with a minus sign.) Bank's Cash Balance Per bank statement Deposits outstanding Checks outstanding Bank error BLOCKWOOD VIDEO Bank Reconciliation October 31, 2021 Company's Cash Balance $ 12.864 Per general ledger S 12.864 Company error NSF check Service fees Interest on note (EFT) Principal on Help Save & Exit Submit