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Instructions: Using the below information prepare, in good form, a bank reconciliation and any necessary journal entries. Notes: There were no outstanding items as
Instructions: Using the below information prepare, in good form, a bank reconciliation and any necessary journal entries. Notes: There were no outstanding items as of November 30, 2021. This means that the bank balance agreed to the general ledger balance at that date. Any errors are assumed to be made by the bookkeeper (not the bank). All cheques are related to office expenses. All deposits were initially recorded in the revenue general ledger account. Bank Statement: TB The Bank Fundamental Accountanting Consultants Statement Period: December 1 December 31, 2021 . Branch Address: 123 Fake Street Thunder Bay, ON P7C 5N9 Account: Business Chequing Account No: 555-55555-555555 Date Description Chq/Debit/ Withdrawals Deposits/ Credits Balance 1-Dec-21 Balance Forward/Opening Balance 6,525.32 3-Dec-21 Deposit 1,532.61 8,057.93 6-Dec-21 Cheque #751 240.56 7,817.37 6-Dec-21 Cheque #749 1,200.00 6,617.37 12-Dec-21 Cheque #752 1,645.30 4,972.07 13-Dec-21 Cheque #754 520.25 4,451.82 19-Dec-21 Deposit 750.10 5,201.92 20-Dec-21 Cheque #755 89.92 5,112.00 27-Dec-21 Cheque #756 503.25 4,608.75 28-Dec-21 Interest 5.62 4,614.37 31-Dec-21 Bank fees 14.95 4,599.42 Cash account in the general ledger:
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