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Courtenay Hardware Ltd. received the bank statement shown below on November 6, 2021. Bank Statement for the month of October 2021 Description Withdrawals Deposits Date

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Courtenay Hardware Ltd. received the bank statement shown below on November 6, 2021. Bank Statement for the month of October 2021 Description Withdrawals Deposits Date Balance Balance Forward Jan-01 34,684 EFT Rent Collection 1,025 Jan-01 35,709 Deposit 20,988 Jan-04 56,697 Cheque #00311 3,672 Jan-07 53,025 Deposit 1,480 Jan-09 54,505 Deposit 1.980 Jan-12 56,485 Cheque #00313 12,436 Jan-13 44,049 NSF Cheque 3,356 Jan-14 40,693 Cheque #00312 1,668 Jan-15 Deposit 7,488 Jan-17 46,513 Cheque #00314 2,584 Jan-21 43,929 EFT Insurance 1,361 Jan-21 42.568 Bank Collection 12,744 Jan-22 55,312 Deposit 20,736 Jan 23 76,048 Cheque #00315 8,588 Jan-26 67,460 Cheque #00316 3,600 Jan-30 63,860 Service Charge 125 Jan-31 63,735 37,390 66,441 39,025 The cash receipts and cash payments of Courtenay Hardware Ltd. for October 2021 are as follows: Cash Receipts Cash Payments Date Cash Debit Cheque No. Cash Credit Oct. 3 20,988 311 3,672 Oct. 8 1,480 312 1,668 Oct. 10 1,980 313 12,562 Oct. 16 7,488 314 2,584 Oct. 22 20,736 315 8,588 Oct. 29 2,404 316 3,600 Oct. 31 1,728 317 1,340 56,804 318 6,268 319 800 320 12,964 54,046 The General Ledger Cash Account of Courtenay Hardware Ltd. shows a balance of $37,442 at October 31, 2021. Additional data for the bank reconciliation: a. The EFT deposit was a receipt of monthly rent. The EFT debit was payment of monthly insurance. b. The NSF cheque was received from B. Crawford. c. The $12,744 bank collection of a note receivable on October 22 included $500 interest revenue. d. The correct amount of cheque no. 313, a payment on account, is $12,436. (Campbell Hardware's accountant mistakenly recorded the cheque for $12,562.) INSTRUCTIONS 1. Prepare the Courtenay Hardware Ltd. bank reconciliation working paper at October 31, 2021. 2. Prepare any necessary adjusting journal entries

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