Miller Corporations December 31, 2016, bank statement showed a $2,054.25 balance. On this date, Millers Cash account reflected a $326.60 overdraft. In reconciling these amounts, the following information is discovered: 1. Cash on hand for undeposited sales receipts, December 31, $133.25. 2. Customer NSF check returned with bank statement, $424.20. 3. Cash sales of $627.25 for the week ended December 18 were recorded on the books. The cashier reports this amount missing, and it was not deposited in the bank. 4. Note receivable of $2,300.00 and interest of $23 collected by the bank and not recorded on the books. 5. Deposit in transit December 31, $340.00. 6. A customer check for $380.30 in payment of its account was recorded on the books at $830.30. 7. Outstanding checks, $2,032.55. Includes a duplicate check of $65.85 to C. Brown, who notified Miller that the original was lost. Miller stopped payment on the original check and has already adjusted the cash account in the accounting records for this amount. 1. Prepare a December 31 bank reconciliation for Miller. 2. Prepare any journal entries necessary by Miller to record the information from Requirement 1. CHART OF ACCOUNTS Miller Corporation General Ledger ASSETS 111 Cash 121 Accounts Receivable 125 Notes Receivable 141 Inventory 152 Prepaid Insurance 181 Equipment 198 Accumulated Depreciation LIABILITIES 211 Accounts Payable 231 Salaries Payable 250 Unearned Revenue 261 Income Taxes Payable EQUITY 311 Common Stock 331 Retained Earnings REVENUE 411 Sales Revenue 431 Interest Income EXPENSES 500 Cost of Goods Sold 511 Insurance Expense 512 Utilities Expense 521 Salaries Expense 532 Bad Debt Expense 540 Interest Expense 541 Depreciation Expense 559 Miscellaneous Expenses 632 Loss from Missing Deposit 910 Income Tax Expense Amount Descriptions: Adjusted cash balance Cash on hand Deposit in transit Error in recording Interest on note Missing deposit Note collected by bank NSF check returned Outstanding checks GENERAL JOURNAL

DATE ACCOUNT TITLE POST. DEBIT CREDITS