El Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November 30, 2024, reconciliation of the bank balance is as follows: Balance per bank, November 30 Add: Deposits outstanding Less: Checks outstanding #363 #365 #380 #381 #382 $ 3,321 1,290 $132 210 65 95 430 (932) $ 3,679 Adjusted balance per bank, November 30 The company's general ledger checking account showed the following for December Balance, December 1 Receipts Disbursements Balance, December 31 $ 3,679 43,550 (42,753) $ 4,476 The December bank statement contained the following information: Balance, December 1 Checks processed Deposits Service charges NSF checks Balance, December 31 $ 3,321 43,900 (42,818) (31) (530) $ 3,842 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 $980 was correctly recorded by the bank but was incorrectly recorded on the books as a $890 disbursement for advertising expense. Included in the bank's deposits is a $2,200 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, 2024. 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, 2024. Bank Reconciliation Balance per bank statement Add: Deposits outstanding Deduct Bank error Outstanding checks Corrected cash balance Balance per books Deduct Error in recording check Service charges NSF checks Corrected book balance Required: 1. Prepare a bank reconciliation 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. Required 1 Required 2 Prepare any necessary adjusting journal entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 Record adjustments to cash revealed by the bank reconciliation. Use the miscellaneous expense account to record the bank service charges. Note: Enter debits before credits. Event General Journal Debit Credit 1 Advertising expense Miscellaneous expense Accounts receivable Cash Record entry Clear entry View general journal