journalize the adjusting entries resulting from the bank reconciliation and adjustment data

On December 1, 2022 Blossom Company had the following account balances. During December, the company completed the following transactions. Dec, 7 Received $3,630 cash from customers in payment of account (no discount allowed). 12. Purchased merchandise on account from Green Co. $12,100, terms 1/10,n/30. 17 Sold merchandise on account $16,700, terms 2/10,n/30. The cost of the merchandise sold was $10,500. 19 Paid salaries $2,180. 22 Paid Green Co. in full, less discount. 26 Received collections in full, less discounts, from customers billed on December 17. 31 Received $2,740 cash from customers in payment of account (no discount allowed). The statement from Lyon County Bank on December 31 showed a balance of $26,657. A comparison of the bank statement with the Cash account revealed the following facts. 1. The bank collected the $2,120 note receivable for Blossom Company on December 15 thifough electronic funds transfer: 2. The December 31 receipts were deposited in a night deposit vault on December 31 . These deposits were recorded by the bank in january. 3. Checks outstanding on December 31 totaled $1.230. 4. On December 31, the bank statement showed a NSF charge of $630 for a check recelved by the company from Mi. Lawrence, a customer, on account. Prepare a bank reconciliation as of December 31 based on the avallabie information. (Hint: The cash balance per books is $26,677. This can be proven by finding the balance in the Cash account from parts (a) and (b).) (List items that increase bolance as per bank \& books first) Adjustment data: 1. The amount of depreciation is $110. 2. Insurance expired $478. 3. Income tax expense was $320. It was unpaid at December 31 . BLOSSOM COMPANY Bank Reconciliation December 31,2022 Cash Balance per Bank Statement $1110657 Add v: Deposits in Transit Cash Balance per Books $ 26677 Add : Electric funds transfer received 2120 28797 Less v: NSF Check Adjusted Cash Balance per Books