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Presented below is information related to the Henry Gondorff, Inc.: Balance per books, October 31 - $41,847.85 Receipts for the month of November -
Presented below is information related to the Henry Gondorff, Inc.: Balance per books, October 31 - $41,847.85 Receipts for the month of November - $173,523.91 Disbursements for the month for the month of November - $164,893.54 Balance per bank statement, November 30 - $56,274.20 The following checks were outstanding as of November 30- # 1224 $1,635.29 # 1230 $2,468.30 - #1232 $2,125.15 #1233 $ 482.17 Included with the November bank statement and not recorded by the company were a bank debit memo for $27.40 covering bank fees for the month, a debit memo for $372.13 for a customer's check that was returned and marked NSF (not sufficient funds), and a credit memo for $1,400 representing bond interest collected by the bank on behalf of Gondorff, Finally, deposits in transit were $1,915.40. 1) Prepare a bank reconciliation for the month of November. 2) Make any required journal entries related to the bank reconciliation.
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