As the bookkeeper of Cook Company of Drumheller, you received the bank statement from TD Canada Trustindicating a balance of $4,352.The ending book balance wad $3,789.The following information was available

Deposits in transit were $1,378

Bank service charges were $16

Cheques outstanding:No. 221, $642,No. 225, $1489

TD collected a note for Cook, $2,500 and charged you a $35 collection fee

NSF cheque $749 was on the bank statement

Cook company records cheque No. 321 as $500 for this months rent but the bank withdrew the correct amount on the cheque: $400

The bank made an error by deducting $990 to your account that was not one of your cheques

Required:Prepare a bank reconciliation AND any necessary journal entries.

Bank Reconcilation 19 marks Your score As the bookkeeper of Cook Company of Drumheller, you received the bank statement from TD Canada Trust indicating a balance of $4,352. The ending book balance wad $3,789. The following information was available Deposits in transit were $1,378 Bank service charges were $16 Cheques outstanding: No. 221, $642, No. 225, $1489 TD collected a note for Cook, $2,500 and charged you a $35 collection fee NSF cheque $749 was on the bank statement Cook company records cheque No. 321 as $500 for this months rent but the bank withdrew the correct amount on the cheque: $400 The bank made an error by deducting $990 to your account that was not one of your cheques Required: Prepare a bank reconcilation AND any necessary journal entries 13 marks 6 marks Date Debit Credit 3 marks 3 marks