Jim Root Corporation operates four bowling alleys. The business just received the October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance of $910. Listed on the statement are an EFT rent collection of $440, a service charge of $7, NSF checks totaling $50, and a $23 charge for printed checks. In reviewing the cash records, the business identified outstanding checks totaling $440 and a deposit in transit of $1,800. During October, the business recorded a $260 check by debiting Salaries Expense and crediting Cash for $26. The business's Cash account shows an October 31 balance of $2,144. Read the requirements. Requirement 1. Prepare the bank reconciliation at October 31. Prepare the bank portion of the reconciliation, followed by the book portion of the reconciliation. Jim Root Corporation Bank Reconciliation i Requirements October 31, 2018 Bank: 1. Prepare the bank reconciliation at October 31. 2. Journalize any transactions required from the bank reconciliation. ADD: TIT LESS: Print Done Books: ADD: LESS: Requirement 2. Journalize any transactions required from the bank reconciliation. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin with the EFT collection. Date Accounts and Explanation Debit Credit Oct. 31 Journalize the entry to correct the error. Date Accounts and Explanation Debit Credit Oct. 31 Journalize the adjustment for the NSF check. Date Accounts and Explanation Debit Credit Oct. 31 Journalize the charge for printed checks. (Do not record the bank service charges, that will be done in the next step. Assume the cost of printed checks is a bank expense.) Date Accounts and Explanation Debit Credit Oct. 31 Journalize the service charges. Date Accounts and Explanation Debit Credit Oct. 31 Date Accounts and Explanation Debit Credit Oct. 31 Accounts Receivable Bank Expense Cash Rent Expense Journalize th Rent Revenue Salaries Expense Date Debit Credit Begin with the EFT collection. Date Accounts and Explanation Debit Credit Oct. 31 Debit Credit Journalize th NSF check returned by bank. Date To record bank service charges incurred. Oct. 31 To record error on salary check. To record printed check charge incurred. To record rent collection by EFT