Bank Reconciliation and Entries The cash account for Collegiate Sports Co. on November 1, 20Y9, indicated a balance of $12,320. During November, the total cash deposited was $67,670 and checks written totaled $62,830. The bank statement indicated a balance of $22,940 on November 30, 2019. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $10,220. b. A deposit of $8,320, 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 $140 returned with the statement had been recorded by Collegiate Sports Co. as $410. The check was for the payment of an obligation to Ramirez Co. on account. e. The bank had collected for Collegiate Sports Co. $4,400 on a note left for collection. The face of the note was $4,060. f. Bank service charges for November amounted to $40. g. A check for $1,020 from Hallen Academy was returned by the bank because of insufficient funds. Instructions: 1. Prepare a bank reconciliation as of November 30, 2019. Collegiate Sports Co. Bank Reconciliation November 30, 2019 Cash balance according to bank statement Total deductions Alustad balance 00 1. Prepare a bank reconciliation as of November 30, 20Y9. Collegiate Sports Co. Bank Reconciliation November 30, 20Y9 Cash balance according to bank statement Total deductions Adjusted balance Cash balance according to company's records Total additions Total deductions Adjusted balance 000 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. 2019 Nov. 30 b. Nov. 30 3. If a balance sheet were prepared for Collegiate Sports Co. on November 30, 2019, what amount should be reported as cash?) The units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory June 16 Purchase Nov. 28 Purchase 21 units $32 $672 28 units $30 840 43 units $35 1,505 92 units $3,017 There are 18 units of the product in the physical inventory at November 30. The periodic inventory system is used. a. Determine the inventory cost by the FIFO method. b. Determine the inventory cost by the LIFO method. c. Determine the inventory cost by the average cost methods. Round answer to two decimal places. 100