CEbooks Webreader.o P5 BANK RECONCILIATION (BANKREC) LEARNING OBJECTIVES . Prepare a bank reconciliation statement and the necessary adjusting journal entries. Prepare a bank reconciliation statement with incomplete data.. Interpret differences between book and bank balances. Alter the file to accept additional outstanding checks. Create a chart plotting book and bank balances. PROBLEM DATA Skye Boats deposits all receipts in a night depository after banking hours. The data needed to reconcile the bank statement as of October 31, 2011, have been extracted from records and are as follows: From Skye Boats' records: Checking account balance as of September 30 $8,720.23 Cash received and deposited in October (detail below") Checks written during October (detail below"") 4,735.45 (4,828.88) Checkbook balance as of October 31 $8,626.80 "Date and amount of each deposit in October: Oct. 3, $545.25; Oct. 8, $842.00; Oct. 11, $978.35; Oct. 16, $658.05; Oct. 19, $643.90; Oct. 24, $352.62; Oct. 28, $715.28. "Number and amount of each check issued in October: Check No. Amount Check No. Amount Check No. Amount Check No. Amount