IN UUIA PUI LIUI UI LI UUNICUIUIIIULIUI IUI Lagu mpany al IVUVIUUI JU, 2011, WAS AS IULIUWS. LANGER COMPANY Bank Reconciliation November 30, 2017 Cash balance per bank $14,367.90 Add: Deposits in transit 2,530.20 16,898.10 Less: Outstanding checks Check Number Check Amount 3451 $2,260.40 3470 720.10 3471 844.50 3472 1,426.80 3474 1,050.00 6,301.80 Adjusted cash balance per bank $10,596.30 The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. IU DUUUUUUI UUL ULULUIUIL DU WOULU TUTUW15 IUUIU POUIL. Bank Statement Checks Date Number 12-1 3451 Amount $ 2,260.40 844.50 12-2 3471 12-7 3472 1,426.80 12-4 3475 Deposits Date Amount 12-1 $ 2,530.20 12-4 1,211.60 12-8 2,365.10 12-16 2,672.70 12-21 2,945.00 12-26 2,567.30 12-29 2,836.00 12-30 1,025.00 Total $18,152.90 12-8 3476 12-10 1,640.70 1,300.00 2,130.00 3,080.00 600.00 475.50 3477 12-15 3479 12-27 3480 12-30 3482 12-29 3483 1,140.00 12-31 3485 540.80 Exams/Project - ACC-101-10_39382_2020SP 4/5/2017 Fraud, Internal Control, and Cash Bank Statement Checks Deposits Date Number Amount Date Amount Total $15,438.70 The cash records per books for December showed the following. Date Number 12-1 3475 12-2 3476 Cash Payments Journal Amount Date Number $1,640.70 12-20 3482 1,300.00 12-22 3483 2,130.00 12-23 3484 621.30 12-24 3485 3,080.00 12-30 3486 600.00 Total Amount $ 475.50 1,140.00 798.00 450.80 889.50 12-2 3477 12-4 3478 12-8 3479 12-10 3480 $13,933.20 12-17 3481 807.40 | Cash Receipts Journal Date Amount 12-3 $ 1,211.60 12-7 2,365.10 12-15 2,672.70 12-20 2,954.00 12-25 2,567.30 12-28 2,836.00 12-30 1,025.00 12-31 1,690.40 Total $17,322.10 The bank statement contained two memoranda: 1. A credit of $5,145 for the collection of a $5,000 note for Langer Company plus interest of $160 and less a collection fee of $15. Langer Company has not accrued any interest on the note. 2. A debit of $572.80 for an NSF check written by L. Rees, a customer. At December 31, the check had not been redeposited in the bank. At December 31, the cash balance per books was $12,485.20, and the cash balance per the bank statement was $20,154.30. The bank did not make any errors, but two errors were made by Langer Company. Instructions At December 31, the cash balance per books was $12,485.20, and the cash balance per the bank statement was $20,154.30. The bank did not make any errors, but two errors were made by Langer Company. Instructions (a) Using the four steps in the reconciliation procedure, prepare a bank reconciliation at December 31. Adjusted balance per books $16,958.40