At the end of the month your accountant reconciled the checking account. You are reviewing the reconciliation report and notice a $300 adjustment. You also see a $300 balance in an account called Reconciliation Discrepancies. What is this account and why was this adjustment made? RECONCIUAIION REPORT Reconciled on: Reconciled by: Any changes made to transactions after this date aron't included in this report. Summary Statement beginning balance Checks and payments cleared (4) Deposits and other credits deared (1) Adjustment Statement ending balance Uncleared transactions as of Register balance as of uso 5.000 .00 -643.05 175.00 -300.00 4,231.95 -3,330.95 901.00 Figure 13 - Reconciliation Report Profit and Loss TOTAL. Income Total Ineome GROSS PROFIT Expenses