Prepare a bark reconciliation for Agner Company for November 30, 2017 using the following information: The balance per the November 30, 2017 bank statement is $35,416.65 The bookkeeper mistakenly recorded an $225.00 cash disbursement as $255.00 The bank mistakenly recorded a deposit of $8,000 made by Big Blue Company on November 10 into the Big Two Company account. The bank statement indicated bank service charges of $25.00 for November Outstanding cheques as of November 30, 2017, amount to $2,500.15. Deposits in transit as of November 30, 2017, amount to $1,000 The balance per the November 30, 2017 per books is $ 40,911.50 Agner Company Bank Reconciliation September 30, 2017 Answer: Balance as per bank statement on November 30,2017 -$35,416.65 Mistakely collect wrong amount by bookkeeper -- $30.00 Bank mistakely recorded wrong amount =+8000 Bank charges +25.00 Outstanding cheques --$2500.15 Depoits transit amount =$1000 The balance as per November 30, 2017as per books $40911.50 The depgist in transit does not include in add or minus the value as by doing depoist transit there is no addition or subtraction in the total amount k. Why should we use FIFO over Average cost method in Inflationary circumstances