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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: $3,341 1,310 Balance per bank, November 30 Add: Deposits outstanding Less: Checks outstanding #363 #365 #380 #381 #382 Adjusted balance per bank, November 30 $ 134 212 97 200 (710) $3,941 The company's general ledger checking account showed the following for December Balance, December 1 Receipts Disbursements Balance, December 31 $ 3,941 43,750 (42,953) $ 4,738 The December bank statement contained the following Information: Balance, December 1 Deposits Checks processed Service charges NSF checks $ 3, 341 44,100 (43,018) (33) (558) $ 3,840 Checks processed Service charges NSF checks Balance, December 31 44,100 (43, 018) (33) (550) 3,840 $ 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 $420 was correctly recorded by the bank but was incorrectly recorded on the books as a $240 disbursement for advertising expense. Included in the bank's 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 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, 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 journal entry required in the first account field.) View transaction list View journal entry worksheet No Event Debit Credit 180 General Journal Advertising expense Cash Miscellaneous expense Cash Accounts receivable 550

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