Bank Reconciliation Jane Corporation's bank statement for October reports an ending balance of $20,855, whereas Jane's cash account shows a balance of $20,524 on October 31. The following additional information is avaliable a. A $880 deposit made on October 31 was not recorded by the bank until November b. At the end of October, outstanding checks total $1,222 The bank statement shows bank service charges of $125 not yet recorded by the company d. The company erroneously recorded as $973 a check that it had actually written for $379, It was correctly processed by the bank A $480 check from a customer, deposited by the company on October 29, was returned with the bank statement for lack of funds. Required 1. Prepare the October bank reconciliation for Janie Corporation Janie Corporation Bank Reconciliation Schedule October 31 Cash balance from bank statement Adjusted cash balance Cash balance from company reconds Adjusted cash balance 00 10000 10000 88 2. What amount will be reported as cash on the October 31 balance sheet