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Check my El Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November

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Check my El Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November 30, 2021, reconciliation of the bank balance is as follows: $3,331 1,300 Balance per bank, November 30 - Add: Deposits outstanding Less: Checks outstanding #363 2365 #380 #381 .382 Adjusted balance per bank, November 30 $ 133 211 66 96 440 (946) $3,685 The company's general ledger checking account showed the following for December Balance, December 1 Receipts Disbursements Balance, December 31 $ 3,685 43,650 (42,853) $ 4,482 The December bank statement contained the following information: Balance, December 1 Deposits Checks processed Service charges NSF checks Balance, December 31 $ 3,331 44,000 (42,918) (32) (540) $ 3,841 Check my The December bank statement contained the following information: Balance, December 1 Deposits Checke processed Service charges NSP checks Balance, December 31 $ 3,331 44,000 (42,918) (32) (540) 3,841 The checks that were processed by the bank in December include all of the outstanding checks at the end of November except for check #365. In addition, there are some December checks that had not been processed by the bank by the end of the month. Also, you discover that check #411 for $750 was correctly recorded by the bank but was incorrectly recorded on the books as a $570 disbursement for advertising expense. Included in the bank's deposits is a $2,300 deposit incorrectly credited to the company's account. The deposit should have been posted to the credit of the Los Gatos Company. The NSF checks have not been redeposited and the company will seek payment from the customers involved. Required: 1. Prepare a bank reconciliation for the El Gato checking account at December 31, 2021. 2. Prepare any necessary adjusting journal entries indicated. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation for the El Gato checking account at December 31, 2021. Bank Reconciliation Balance per bank statement Check my Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation for the El Gato checking account at December 31, 2021. Bank Reconciliation Balance per bank statement Add: Deduct: Corrected cash balance Balance per books Deduct: Corrected book balance

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