Bank Reconciliation (20 points) The cash balance per books for Pancake Company on October 31,2012 is $8,808.01. The bank balance on October 31 is $10,951.01. The following checks and receipts were recorded for the month of October, 2012: In addition, the bank statement for the month of October is presented below: The NSF check was from S. Long, a customer, in settlement of an accounts receivable. An entry had not been made for the NSF check. The credit memo is for the collection of a note receivable and interest by the bank which has not been recorded on the company's books. The bank service charge is $25.00. Instructions a) Were there any deposits in transit? If so, how much? c) Were there any outstanding checks? If so, which ones? d) What adjustments need to be made to the book balance to reconcile it with the bank balance? (hint: there are 3)