Indigo Company's bank statement for the month ended January 31 showed a balance per bank of $34,728. The company's Cash balance at January 31 was $16,428. Other information is as follows: 1. 2. 3. 4. 5. 6. 7. Cash receipts for January were $87,679, of which $5,200 was outstanding at January 31. The bank statement shows a debit memorandum for $55 for cheque printing charges. Cheque no. 119 payable to Cullumber Company was recorded in the general journal and cleared the bank for $263. A review of the Accounts Payable subsidiary ledger shows a $51 credit balance in the account of Cullumber Company and that the payment to it should have been for $314. The total amount of cheques written during January was $74,966, of which $5,819 was outstanding at January 31. Cheque No. 127 was correctly written and paid by the bank for $326. The general journal reflects an entry for cheque no. 127 as a debit to Accounts Payable and a credit to Cash for $362. The bank returned an NSF cheque from a customer for $590. The bank included a credit memorandum for $18,290, which represents an EFT collection of a customer's account. Prepare a bank reconciliation for Indigo Company at January 31. (List items that increase balance as per bank & books first.) INDIGO COMPANY Bank Reconciliation