4.3

Janie Corporation's bank statement for October reports an ending balance of $23,856, whereas Janie's cash account shows a balance of $23,455 on October 31 . The following additional information is avallable: a. A $810 deposit made on October 31 was not recorded by the bank until November: b. At the end of October, outstanding checks total $1,222. c. The bank statement shows bank service charges of $125 not yet recorded by the company. d. The company erroneously recorded as $973 a check that it had actually written for $379. It was correctly processed by the bank. e. A $480 check from a customer, deposited by the company on October 29, was returned with the bank statement for lack of funds. Required: 1. Prepare the October bank reconclilation for Janie Corporation. 2. What amount will be reported as cash on the October 31 balance sheet