ACCOUNTING 2101/6101-TESTING YOUR KNOWLEDGE CHAPTER 7 4) Daisy Company received a bank statement for November, as follows: From: To: Central Bank, Brooklyn, NY 11201 Daisy Company, 1099 Winthrop Street, Brooklyn, NY 11212 BALANCE 4,524.80 DEPOSITS DATECHECKS Nov 1 $ 2,700.33 3,484.81 8,642.61 116.00-sE 17 20 26 30 460.00 274.09 4,133.60 69.69 NSF 3,385.49 5 6,344 38Balan NSFCheck returned SC Service Charge CMa-Credit Memo Debit Memo The receipt of $460 on November 17 was for a $445 note collected by the bank $20 current interest, minus a $5 service charge. Information from Daisy Company records: CASH DISBURENTS CASH RECEIPTS Check No. 2,700.33. 3,484.81 November 6 $ 8,624.61 22 3,385.49 1,652.92 155 156 247.09 589.02 158 4,133.60-All receipts were verified twice and confirmed t 2,74263 be correct. 159 160 The company noted that check # 157 was recorded correctly by the bank; the c was written in payment of an involce from the supplier of office supplies. Cash balance on November 30 as per company books: 4,290.34 Required: 1) Prepare the bank reconciliation on November 30, for the Daisy Company. 2) Prepare the appropriate journal entries that Daisy should record as a result reconciliation