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Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November 30,2024 , reconciliation

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Gato Painting Company maintains a checking account at American Bank. Bank statements are prepared at the end of each month. The November 30,2024 , reconciliation of the bank balance is as follows: The company's general ledger checking account showed the following for December: The December bark statement contained the following information: The check that were processed by the bank in December inchuate all of the outstanding checks at the end of November except for check 2165 in addrion bele are rome December cllecks that had not been piocessed by the bank by the end of the month. Also You biscover that check 5411 for $370 was conectly recolded by the bank but was incorfectly recorded on the books a5 a $130 disbursement for advertiving expente. incluoed in the bank's deposits is a 52.000 deposit incorrectly credited to the company's accetint. The deposit thould have been posted to the credit of the Los Gittos Cornparyy. The NSF checis have not beeth rifdeposithd and tive company will seek tolyment fiom the custociners uvolved Pequired: 1. Prepare a bank reconciliation for the El Gato checking account at December 31, 2024. 2. Prepare any necessary adjusting journal entries indicated. Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation for the El Gato checking account at December 31, 2024. Complete this question by entering your answers in the tabs below. Prepare any necessary adjusting journal entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field Journal entry worksheet Record adjustments to cash revealed by the bank reconciliation. Use the miscellaneous expense account to record the bank service charges. Note: Enter debits before cedits

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