lux Transportation Services has just received its bank statement for the month and has compared it to the general ledger cash account.

question: After some investigation, it is discovered that Check #88 is not from a customer and should not have been deposited into the companys bank account by the bank. How does this discovery change the bank reconciliation and any necessary journal entries?

GENERAL LEDGER

Account: Cash				Gl No: 101
Date	Description	Debit	Credit	Balance
Oct 1	Opening Balance			13,100	DR
Oct 2	Check #401		750	12,350	DR
Oct 5	Check #220	900		13,250	DR
Oct 8	Check #403		750	12,500	DR
Oct 16	Check #404		200	12,300	DR

Bank Statement
Date	Description	Withdrawal	Deposit	Balance
Oct 1 Oct 2 Oct 6 Oct 6 Oct 10 Oct 16 Oct 30 Oct 31	Opening Balance Check #401 Check #220 EFT Rent Payment Check #403 Check #88 Interest Service Charge	750 750 750 110	900 445 50	13,100 12,350 13,250 12,500 11,750 12,195 12,245 12,135