6 Not yet answered Marked out of 5.00 Flag question BIC Corporation had a cash balance of $42,500 on 31 October 2020. The bank's record stated a balance of $46,500 on the same date. Additional information is as given below: 1 Bank service charges for October 2020 $150 Non-sufficient fund-check refumed with 2 4,500 statement 3 Note collected by the bank from Mincom Systems 19.200 4 An error in recording a payment of $520 as $250 Interest received on the note collected in Point 5 480 3. 9 Checks deposited in the bank but not yet cleared. 34.000 7 Outstanding checks 8 The bank debited the check written by BIC partners from BIC Corporation's account Prepare the Bank Reconciliation Statement as of 31 October 2020. 25.560 2.320 A BI 8. Bank Reconciliation Statement as on 31 Oct 2020 Details Amount X B FG