Conneaut Lake Boat Company's bank statement for the month of September 2021 showed a balance per bank of $7,000. The company's Cash account in the general ledger had a balance of $5,459 at September 30. Other information is as follows:

1.Cash receipts for September 30 recorded on the company's books were $5,200 but this amountdoes not appear on the bank statement.

2.The bank statement shows a debit memorandum for $50 for cheque printing charges.

3.Cheque No. 119 payable to Lynch Company was recorded in the general journal and cleared thebank for $248. A review of the Accounts Payable subsidiary ledger shows a $36 credit balance in the account of Lynch Company and that the payment to it should have been for $284.

4.The total amount of cheques still outstanding at September 30 amounted to $6,000.

5.Cheque No. 138 was correctly written and paid by the bank for $409. The cash payment journalreflects an entry for Cheque No. 138 as a debit to Accounts Payable and a credit to Cash in Bank for $490.

6.The bank returned an NSF cheque from a customer for $550.

7.The bank included a credit memorandum for $1,260 which represents an EFT collection of acustomer's account.

Instructions

a) Create bank reconciliation for Conneaut Lake Boat Company at September 30, 2021.

b) Create any journal entries necessary as a result of the bank reconciliation