es Exercise 4-11 (Algo) Calculate the balance of cash using a bank reconciliation (LO4-5) On October 31, 2024, Crowe Company's general ledger shows a cash account balance of $8,427. The company's cash receipts for the month total $74,520, of which $71,345 has been deposited in the bank. In addition, the company has written checks for $72,497, of which $71,162 has been processed by the bank. The bank statement reveals an ending balance of $12,457 and includes the following items not yet recorded by Crowe: bank service fees of $250, note receivable collected by the bank of $6,000, and interest earned on the note of $820. After closer inspection, Crowe realizes that the bank incorrectly charged the company's account $700 for an automatic withdrawal that should have been charged to another customer's account. The bank agrees to the error. Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2024. 2. Record the necessary entries to adjust the balance for cash. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) Rank Rannnciliation -d k Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a bank reconciliation to calculate the correct ending balance of cash on October 31, 2024. (Amounts to be dedu should be indicated with a minus sign.) ces Bank's Cash Balance Per bank statement Bank Reconciliation October 31, 2024 Company's Cash Balance. Per general ledger Bank balance per reconciliation Company balance per reconciliation Journal entry worksheet < 2 Record the amounts that increase cash. Note: Enter debits before credits. Date October 31, 2024 General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet < 1 2 Record the amounts that decrease cash.. Note: Enter debits before credits. Date October 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal