Charlie's Shoe Store reports the following: 1. October 31, 2020 Bank balance is $50,534 2. The company's books show a book balance of $39,518 3. The Bank Statement shows two amounts returned on the bank statement. The first is for an NSF of $3,558. The bank did not process the other, which was a deposit of $988 where the cheque was not signed by the signee. 4. Charlie's Shoes pays some of its bills using EFT. In October, it paid rent of $7,650 and cellphone charges of $120. 5. The following cheques were outstanding at year end: Cheque Number Amount 291 $1,380 303 4,394 309 5,388 6. A few customers pay with EFT. The bank statement shows $11.466 deposit as customer collections. $11,000 is for accounts receivable and the remainder is for interest revenue on an outstanding note. 7. The bank statement shows the company carned $26 interest on its bank balance during the month 8. On October 31, a deposit of $3,378 was in transit 9. The bank statement shows a deposit of $4,200 appearing in Charlie's Shoe's bank account but it was in fact to be deposited in Charlie's Chocolates account. 10. The bank statement shows the bank subtracted $144 for bank changes Required: (a) Prepare the bank reconciliation for the company (10 Marks) (b) Record the required journal entries to complete the bank reconciliation (5 Marks) (c) Ivanhoe Fertilizer Co. owns the following items: (3 Marks) Cash in bank savings account Cash on hand Cash refund due from the Canada Revenue Agency Chequing account balance Postdated cheques $8,320 880 1,040 14,560 520 What amount should Ivanhoe report as cash