Can someone please help with 7-9b

returned with a bank statement might not be numbered sequentially. Describe three possible reasons that this eral possible situations would explain why the cancelled cheques Problem 7-9B Preparing a bank reconciliation and recording adjustments LO6 CHECK FIGURE: 1. Adjusted book balance = $31,532 Balloon Supply Co. reconciled its bank statement balances of Cash on October 31 and showed two cheques outstanding at that time, #1388 for $14,650 and #1393 for $9,800. The following information was available for the November 30, 2020, reconciliation: From the November 30 bank statement: where the cancelled cheques re- dentially. In other words, some of the prenumbered might occur Balance of previous statement on Oct. 31/20 6 deposits and other credits totalling, 9 cheques and other debits totalling Current balance as of November 30/20 106,980 63,568 123,873 46,675 Date Amount Amount Transaction Description 21,640 Nov. 05 12. 956 Chequing Account Transactions Transaction Description Date +Deposit Nov. 25 +Deposit 30 -NSF cheque 30 +Deposit Amount Date 29,008 +Deposit 17 1,810 +Interest 250 10.550 21 1,164 +Credit memo Date Cheque No. Cheque No. Amount Nov. 03 1402 Nov. 17 1409 9,325 11,500 12.125 04 1403 20 1405 14,850 08 1388 14,650 27 1407 12 1401 18,600 38,412 2,601 29 1404 531 2. Prepare the general journal entries needed to adjust the book balance of Cash to the reconciled balance CHAPTER 7 Internal Control and Cash From Balloon Supply Co.'s accounting records: Cash Acct. No. 101 Balance Credit Debit PR Date Explanation 2020 82,530 31 Balance Oct . CR12 86,145 168,675 18,942 30 149.733 CD23 30 payment. The bank had deducted a $150 bank service charge fee. The collection has not been recorded Cheques Written Total November Cash Disbursements......... $149,733 Cheque #1404 was correctly written for $2,601 to pay for computer equipment: however, the bookkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash as though it were for $6,201. The NSF cheque was originally received from a customer, Jerry Skyles, in payment of his account. Ils return was not recorded when the bank first notified the company. The credit memo resulted from receiving an electronic fund transfer of $10,700 for a customer in the books. Deposits Made $21,640 $ 18,600 5 956 9,325 12 No. 1401 1402 1403 1404 1,164 21 11,500 25 29.008 6.201 30 33,377 1405 14,850 $86,145 1406 Total November Cash Receipts........... 12,980 1407 1408 38,412 25,740 1409 12,125 Required 1. Prepare a November 30 bank reconciliation for the company. Problem 7-10B Preparing a bank reconciliation and recording adiustmont 100 CHECK FIGURE: 1. Adjusted book balance