Illustrate the effects on the accounts and financial statements of the bank reconciliation. If no account or activity is affected, select $"$No effect" from the dropdown and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts.Deaver Consulting

Bank Reconciliation

October $31,20Y6$

Cash balance according to bank statement

Add: Deposit of October $31,$ not recorded by bank

Deduct: Outstanding checks

$$

Deduct: Bank error in charaing check as $$40$ instead of $$440$

Adjusted balance

Cash balance according to Deaver Consulting

Add: Proceeds of note collected by bank, including $$170$ interest $$

Deduct: Error in record ine check by the company as $$400$ instead of $$440$ s

Deduct: Bank service charges

$$

Adjusted balance

Illustrate the effects on the accounts and financial statements of the banik reconcliation. If no account or activity is affected, select $"$No effec

Increases to Cash:

Cecreases to Cash: