) Champ's Pet Emporium prepares their bank reconciliations at month-end. Below, find the previous month's bank reconciliation (November 30, 2021) and the bank statement and general ledger cash account listing for the current month, December 31, 2021. Prepare a bank reconciliation for December and any required adjusting entries at the end of the month. Show your calculations! (11 marks) Bank Reconciliation - November 30, 2021 Champ's Pet Emporium Bank Reconciliation November 30, 2021 Bank statement balance $ 13,386 Book balance $ 15,875 Deposit in transit 7,192 20,578 $ Deduct: Outstanding cheques: # 375 $ # 357 $ # 365 $ Adjusted bank balance 501 2,818 1,384 s 4,703 15,875 Adjusted book balance $ 15,875 Bank Statement - December 31, 2021 2,072 Bank Statement - December 31, 2021 Bank Statement To: Champ's Pet Emporium December 31, 2021 RBC Date Description Cheque Amount Deposits / Credits Balance Nov 30 Opening balance $ 13,386 Dec 1 365 $ 1,384 $ $ 12,002 Dec 1 Deposit $ $ 7,192 $ 19,194 Dec 2 375 $ 501 $ $ 18,693 Dec 9 367 411 $ $ 18,282 Dec 9 368 3,599 $ $ 14,683 Dec 11 370 $ 2,704 $ 11,979 Dec 12 Deposit 4,012 $ 15,991 Dec 14 Deposit $ 4,154 $ 20,145 Dec 21 Deposit 3,571 S 23,716 Dec 22 Credit Memo $ 256 $ 23,972 $ 23,897 Dec 25 372 $ 23,897 $ 23,897 $ $ 23,897 $ 23,875 $ Dec 31 Service charge $ sis is to co is is is 75 $ S $ $ 23,897 $ 23,897 $ 23,875 Dec 31 Service charge 22 Other information The Credit memo on Dec 22 relates to the bank collecting on an accounts receivable. The amount deposited is net of a $20 service charge. Champ's Pet Emporium's owner writes handwritten cheques periodically. The bookkeeper sometimes makes transposition or keying errors when entering the cheques relating to the Utilities expense. Cash General Ledger Account - December 31, 2021 Cash Debit Date Acct. No. 101 Credit Balance $ 15,875 411 S 15,464 3,599 $ 11,865 Explanation PR Balance 367 GL20 Nov 30 Dec 2 mm 5 Pet Emporium's owner writes handwritten cheques periodically. The bookkeeper sometimes makes transposition or keying errors when entering the cheques relating to the Utilities expense. Cash General Ledger Account - December 31, 2021 Cash Date PR Explanation Balance Nov 30 $ $ 367 GL20 368 GL20 Dec 2 Dec 2 Dec 7 $ 369 GL20 ( Acct. No. 101 Debit Credit Balance ho $ 15,875 $ 411 $ 15,464 3,599 $ 11,865 $ 817 $ 11,048 $ 2,740 $ 8,308 4,012 $ $ 12,320 4,154 $ $ 16,474 882 $ 15,592 3,571 $ $ 19,163 $ 75 $ 19,088 596 18,492 Dec 7 370 GL20 GL20 - Dec 11 Deposit Deposit $ $ Dec 13 $ Dec 20 GL20 371 GL21 GL21 272 GL21 $ Dec 20 Deposit $ E NOV 30 Dec 2 Dec 2 $ Dec 7 Dec 7 $ Balance 367 GL20 368 GL20 369 GL20 370 GL20 Deposit GL20 Deposit GL20 371 GL21 Deposit GL21 372 GL21 $ $ $ $ 4,012 s 4,154 $ Dec 11 Dec 13 Dec 20 $ 411 $ 3,599 $ 817 $ 2,740 $ $ $ 882 $ $ 75 $ 596 $ $ 15,875 15,464 11,865 11,048 8,308 12,320 16,474 15,592 19,163 19,088 18,492 24,412 Dec 20 uo Dec 23 3,571 $ $ $ 873 GL21 Dec 27 Dec 31 Deposit GL21 $ I 5,920 iiii co + > B / U , Ev Paragraph