$($a$)$

Your answer is correct.

Prepare a bank reconciliation dated August $31,2023,$ proceeding to a correct balance. $($List items that increase balance as per bank &

books first.$)$

Novak Corp.

Bank Reconciliation, August $31,2023$

Provincial Bank of Manitoba

Balance per bank statement, Aug. $31,2023$

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Balance per books, August $31,2023$

$ Prepare entries that are needed to make the books correct and complete. $($Credit account titles are automatically indented when the

amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List

all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit

$($To record collection of note and interest$)$

$($To record bank charges$)$

$($To record correct error in recording cheque for supplies$)$

List of AccountsShow Attempt History

Current Attempt in Progress

Novak Corp. has just received its August $31,2023$ bank statement, which is summarized as follows:

The general ledger Cash account contained the following entries for the month of August:

Deposits in transit at August $31$ are $$3,600,$ and cheques outstanding at August $31$ total $$1,950.$ Cash currently on hand at August $31$

is $$330,$ and there were postdated cheques from customers $($for September $1)$ in the amount of $$650.$ The bookkeeper improperly

entered one cheque in the books at $$148\mathrm{.}50.$ The cheque was actually written for $$184\mathrm{.}50$ for supplies and cleared the bank during

the month of August.