Bank reconciliation and entries

a$.$ Checks outstanding totaled $$9,990.$

b$.$ A deposit of $$8,140,$ representing receipts of November $30,$ had been made too late to appear on the bank statement,

c$.$ A check for $$850$ had been incorrectly charged by the bank as $$580.$

d$.$ A check for $$410$ returned with the statement had been recorded by Collegiate Sports Co$.$ as $$140.$ The check was for the payment of an obligation to Ramirez Co$.$ on account.

e$.$ The bank had collected for Collegiate Sports Co$.$ $$4,300$ on a note left for collection. The face of the note was $$3,970.$

f$.$ Bank service charges for November amounted to $$50.$

g$.$ A check for $$990$ from Hallen Academy was returned by the bank because of insufficient funds.

Instructions:

Prepare a bank reconciliation as of November $30,20Y9.$

Collegiate Sports Co$.$

Bank Reconciliation

November $30,20$ Y $9$

$$

Total deductions

Adjusted balance

Cash balance according to company's records

$$

$\frac{?}{{?}_{\frac{?}{?}}}$

$$

$$

$$

$q,$

$\frac{?}{{?}_{\frac{?}{?}}}$

$$

$$

$$

$$

$ $$

$ $$

Total additions

$$ $ $$

$$

$q,$

Total deductions $$

Adjusted balance $$

$2.$ Journalize the necessary entries $($a$.)$ that increase cash and $($b$.)$ that decrease cash. The accounts have not been closed. If an amount box does not require an entry, leave it blank.

a$.20$ Y Nov. $30$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

b$.$ Nov. $30$

$$

$$

$$

$$

$$

$q,$

$$

$$

$3.$ If a balance sheet were prepared for Collegiate Sports Co$.$ on November $30,20$Y$9,$ what amount should be reported as cash?

$