nal and ch 200 30 -90 pare the necessary journal ALLAN Yng the primal Solget 1 halance on the bank re oblem 77A Preparing a bank reconcilation and tasanding ejusmams LO CHECK FOURE L Aquated balance lowing information was available s ment balance as of October 31, 200 reconelle Monie Company's back balance of Cath After all posting was completed on October 31, the company's Cash wont had $1129 de but its bank statement showed a $29.355 balance & Cheques 296 for $1,334 and 307 for $12.754 were outstanding on the September 30 bank Cheque 307 was returned with the October cancelled cheques, but cheque 296 was not. It was als that cheque 315 for $893 and cheque 321 for $2,000, both written in October, were not among the cancelled cheques returned with the statement found that cheque #320 for the October rent was correctly written for $4.000 but was erronely entered In comparing the cancelled cheques returned by the bank with the entries in the scomunting records, it was in the accounting records as $4,900, d. A credit memo enclosed with the bank statement indicated that there was an electronic fund trabal related to a customer payment for $21,400. A $120 bank service charge was deducted. This transaction w not recorded by Montrose before receiving the bank statement. 9 A debit memo for $3,251 listed a $3,202 NSF cheque plus a 549 NSF charge. The cheque had been received from a customer, Jefferson Tyler. Montrose had not recorded this bounced cheque before receiving the statement. Also enclosed with the statement was a $74 debit memo for bank services. It had not been recorded because no previous notification had been received. nob The October 31 cash receipts, $6,856, were placed in the bank's night depository after banking hours on that date and this amount did not appear on the bank statement. Required 1. Prepare a bank reconciliation for the company as of October 31, 2020. Je 2. Prepare the general journal entries necessary to bring the company's book balance of Cash into agreement ith the reconciled balance. 100 hank reconciliation for the company has already unciliation. For each of the eet the off