excuse glare need answer ASAP
xam - April 15, 8:30 AM Eastern Daylight Time - Requires Respon t:1:11:45 Alessio Pellegrino: Attempt 1 Previous Page Next page Page 27 of 31 nestion 27 (14 points) Bank reconciliation (approx. 15 minutes) Assume, you are preparing the bank reconciliation for Franz & Sons Electronics Ltd The bank statement on March 31 shows a balance of $17,889. The general ledge shows a cash debit balance of $20,035 per that date. You compare the two documents and notice the following discrepancies: -) The bank service charge of $15 has not been recorded -) Languros Ltd paid their bill by electronic transfer, $1,100. This transaction has na been recorded by Franz & Sons. -) The cheque which had been sent by Caracus Ltd. to pay an outstanding bill of $2,350 bounced because the customer had nonsufficient funds available. -) The deposits of $2,215 has not been recorded by the bank yet! -) Franz & Sons sent cheques worth $1,244 to pay for purchased inventory. The supplier has not yet cashed the cheque. -) The bank recorded a withdrawal of $540 mistakenly as withdrawal of $450. Instructions: Create a bank reconciliation to determine the reconciled cash balance for Fra Sons Ltd. Then, fill out the blanks below to answer the following questions: MacBook Air Blank #1: What is the reconciled cash balance? (Note: Enter plain amount; currency signs, commas, spaces etc.) Consider all the necessary journal entries for Franz & Sons' be t:1:11:36 Eastern Daylight Time - Requires Re Alessio Pellegrino: Attempt 1 w ww.uu tructions. eate a bank reconciliation to determine the reconciled cash balance for and ens Ltd. Then, fill out the blanks below to answer the following questions lank #1: What is the reconciled cash balance? (Note: Enter plain amount, no urrency signs, commas, spaces etc.) slank #2: Consider all the necessary journal entries for Franz & Sons' bank econciliation. What is the total amount you have debited to Cash (over all the ournal entries)? (Note: Enter plain amount; no currency signs, commas, spaces etc) Blank #3: Consider all the necessary journal entries for Franz & Sons' bank reconciliation. What is the total amount you have credited to Cash (over all the journal entries)? (Note: Enter plain amount; no currency signs, commas spaces et Blank #4: What is the endinstance of Franz and Sons' Cash account after considering all the necessary journal entries of the bank reconciliation? (Note: Enter! plain amount; no currency signs, commas, spaces etc.) Blank # 1 Blank # 2 Blank # 3 MacBook Air Plank #4