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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,

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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: $5,341 1.110 Balance per bank, November 30 Addi Deposits outstanding Lasst Checks outstanding .363 365 $ 134 212 07 97 200 *382 Adjusted balance per bank, November 30 (710 53,943 The company's general ledger checking account showed the following for December Balance, December 1 Receipts Disbursements Balance, December 31 $ 3,941 43,950 42,953) 14,738 The December bank statement contained the following information Balance, December 1 Deposits Checks processed Service charges NSF checks Balance, December 31 $ 3,341 44,100 (41,010) (33) (550) The checks that were processed by the bank in December include all of the outstanding checks at the end of November except for check 1365. 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 $420 was correctly recorded by the bank but was incorrectly recorded on the books as a $240 disbursement for advertising expense included in the banks deposits is a $2,400 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 receposted ond the company will seek payment from the customers involved Required: 1. Prepare a bank reconciliation for the El Goto 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 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 Add Deduct Corrected cash balance Balance per books Deduct Corrected book balance 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 any necessary adjusting journal entries indicated. (If no entry is required for a transaction/event, select "No required in the first account fields 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 Record entry Clear entry View general journal

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