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Ei Gato Painting Company maintains a checking account at American Banik. Bank statements are prepared at the end of each month The November 30,2024 ,
Ei Gato Painting Company maintains a checking account at American Banik. Bank statements are prepared at the end of each month The November 30,2024 , reconciliation of the bank balance is as follows The company's general ledger checking account showed the following for December The December bank statement contaired the following information. The checks that vere processed by the bank in December include at of the outatanding checks at the end of Nowember except for check a365 in addition. there are some December checks that had not been processed ty the bank by the end of the month. Ass. you discayer that check $411 for $540 was contectly recorded by the bank but was incorrectly recorded on the books as a $450 oisbursement for advertising expense included in the banks deposits is \& $2,900 deposit incolreclly credited to the company: account. The deposit thould have been posted to the cledit of the Los Gitos Company. The NSF chechs have not been redepostted aska the company with seek payment from the customers mvotved Required: 1. Prepate a benk reconcellation for the E Gato cheching account at December 31,2024 2. Prepare any necessary adjusting journal entries indicated equired: 1. Prepare a bank reconcilation for the El Gato checking account at December 31, 2024 2. Prepare any necessary adjusting journal entries indicated. Complete this question by entering your answers in the tabs below. Prepare a bank reconcilation for the E Gato checking account at December 31, 2024
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