On October 31,2024 , the bank statement for the cash account of Northstar Video shows a balance of $12,900, while the company's records show a cash balance of $12,361. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1,260. b. The October 31 cash receipts of $815 are not deposited in the bank until November 2 . c. The EFT payment for utilities of $143 is correctly recorded by the bank but is recorded by Northstar as a disbursement of $431. d. In accordance with prior authorization, the bank withdraws $656 directly from the account as payment on a note payable. The interest portion of that payment is $56 and the principal portion is $600. Northstar has not recorded the direct withdrawal. e. Bank service fees of $30 are listed on the bank statement. f. A deposit of $573 is recorded by the bank on October 13 , but it did not belong to Northstar. The deposit should have been made to the account of Hollybuster Video, a separate company. g. The bank statement includes a charge of $81 for an NSF check from a customer. The check is returned with the bank statement, and the company will seek payment from the customer. Required: 1. Prepare a bank reconciliation for the Northstar checking account on October 31, 2024. 2. Record the necessary cash adjustments. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required the first account field.) Prepare a bank reconciliation for the Northstar checking account on October 31 , 2024. (Amounts to be deducted should be indicated with a minus sign.) On October 31,2024 , the bank statement for the cash account of Northstar Video shows a balance of $12,900, while the company's records show a cash balance of $12,361. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1,260. b. The October 31 cash receipts of $815 are not deposited in the bank until November 2 . c. The EFT payment for utilities of $143 is correctly recorded by the bank but is recorded by Northstar as a disbursement of $431. d. In accordance with prior authorization, the bank withdraws $656 directly from the account as payment on a note payable. The interest portion of that payment is $56 and the principal portion is $600. Northstar has not recorded the direct withdrawal. e. Bank service fees of $30 are listed on the bank statement. f. A deposit of $573 is recorded by the bank on October 13 , but it did not belong to Northstar. The deposit should have been made to the account of Hollybuster Video, a separate company. g. The bank statement includes a charge of $81 for an NSF check from a customer. The check is returned with the bank statement, and the company will seek payment from the customer. Required: 1. Prepare a bank reconciliation for the Northstar checking account on October 31, 2024. 2. Record the necessary cash adjustments. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required the first account field.) Prepare a bank reconciliation for the Northstar checking account on October 31 , 2024. (Amounts to be deducted should be indicated with a minus sign.)