Enter Net Appliance-Myrtle Beach has just purchased a franchise from Enter Net Appliance (ENA) Click the icon to view the additional information) Following is the chart of accounts for Enter Net Appliance--Myrtle Beach As a new business all beginning balances are so (Click the icon to view the chart of accounts) Enter Net Appliance--- Myrtle Beach completed the following transactions during 2024, its first year of operations Click the icon to view the transactions) Read the regutements Requirement 3. It is a common business practice to reconcile the bank accounts on a monthly basis. However, in this problem, the reconciliation of the company's checking account will be done at the end of the year based on an annual summary Reconcile the bank account by comparing the following annuat summary statement from Myrtie Beach National Bank to the Cash account in the general ledger Record journal entries as needed and post to the general ledger Use transactionz as the posting reference Start by reconciling the bank account by comparing the following annual summary statement from Myrtle Beach National Bank to the Cash account in the general Indpet. For any outstanding checks, use the appropriate transaction totter descriptions in tou of chick numbers to sentity nach outstanding payment (Click the icon to view the bank statement Click the icon to view the Cash Taccount Enter Not Appliance--Myrtle Beach Bank Reconciliation December 31, 2024 BANK Balance, Dec 31, 2024 437525 ADD $ 0 Beginning Balance, January 1, 2024 Deposits and other credits: $ 540,000 44,100 220,000 300,000 720,000 1,350 Interest Revenue 1,825,450 Checks and other debits: EFT to Bank Checks* $ 75 Checks: 55,000 340,000 60,000 52,500 250 3,200 HTTGTUUTTUVUTO 1,, Checks and other debits: EFT to Bank Checks* $ 75 Checks 55,000 340,000 60,000 52,500 250 I 3,200 1,500 260,000 460,000 153,000 Bank service charge 2,400 (1,387,925) $ 437,525 Ending balance, December 31, 2024 *Bank Checks is a company that prints business checks (considered a bank expense) for Enter Net Appliance-Myrtle Beach Cash (a) 540,000 55,000 (b) (1) 44,100 340,000 (c) (m) (p) 220,000 300,000 52,500 (d) 60,000 (e) (9) 118,250 1,500 (0) (u) 720,000 3,200 (g) 250 (0) 260,000 (0) 460,000 (s) 153,000 (v) 199 (w) 25,000 (x) 95,250 (y) Bal 436,451 Bank Reconciliation December 31, 2024 BANK Balance, Dec. 31, 2024 437525 ADD LESS