Problem $1$

The bank reconciliation for Bogalusa Company at October $31,2025,$ is shown below.

$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Bogalusa Company

Bank Reconciliation

October $31,2025$

$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Cash balance per bank: $$12,367\mathrm{.}90$

Add: Deposits in transit: $ $1,530\mathrm{.}20$

$$13,898\mathrm{.}10$

Less: Outstanding checks:

Check Number Check Amount

$2451$ $$1,260\mathrm{.}40$

$2470$ $$684\mathrm{.}20$

$2471$ $$844\mathrm{.}50$

$2472$ $$426\mathrm{.}80$

$2474$ $$1,050\mathrm{.}00$ $$4,265\mathrm{.}90$

$\_\_\_\_\_\_\_\_$

Adjusted cash balance per bank $$9,632\mathrm{.}20$

$\_\_\_\_\_\_\_\_$

Cash balance per books $$9,632\mathrm{.}20$

The adjusted cash balance per bank $$9,632\mathrm{.}20)$ agreed with the cash balance per books

$($$$9,632\mathrm{.}20)$ at October $31,2025.$

The November bank statement showed the following checks and deposits:

Bank Statement

Checks and Debits Deposits and Credits

Date Number Amount Date Amount

$1-$Nov $2470$ $$684\mathrm{.}201-$Nov $$1,530\mathrm{.}20$

$2-$Nov $2471$ $$844\mathrm{.}504-$Nov $$1,211\mathrm{.}60$

$5-$Nov $2474$ $$1,0508-$Nov $$990\mathrm{.}10$

$4-$Nov $2475$ $$1,640\mathrm{.}7013-$Nov $$2,575\mathrm{.}00$

$8-$Nov $2476$ $$2,830\mathrm{.}0018-$Nov $$1,472\mathrm{.}70$

$10-$Nov $2477$ $$600\mathrm{.}0011/19$ EFT $$2,242\mathrm{.}00$

$15-$Nov $2479$ $$1,750\mathrm{.}0021-$Nov $$2,945\mathrm{.}00$

$18-$Nov $2480$ $$1,330\mathrm{.}0025-$Nov $$2,567\mathrm{.}30$

$27-$Nov $2481$ $$695\mathrm{.}4028-$Nov $$1,650\mathrm{.}00$

$28-$Nov Service Charge $$85\mathrm{.}0030-$Nov $$1,186\mathrm{.}00$

$30-$Nov $2483$ $$575\mathrm{.}50$

$29-$Nov $2486$ $$940\mathrm{.}00$

Total $$13,025\mathrm{.}30$ Total $$18,369\mathrm{.}90$

The cash records per books for November showed the following:

Cash Payments Journal Cash Receipts Journal

Date Number Amount Date Number Amount Date Amount

$1-$Nov $2475$ $$1,640\mathrm{.}7020-$Nov $2483$ $$575\mathrm{.}503-$Nov $$1,211\mathrm{.}60$

$2-$Nov $2476$ $$2,830\mathrm{.}0022-$Nov $2484$ $$829\mathrm{.}507-$Nov $$990\mathrm{.}10$

$2-$Nov $2477$ $$600\mathrm{.}0023-$Nov $2485$ $$974\mathrm{.}8012-$Nov $$2,575\mathrm{.}00$

$4-$Nov $2478$ $$538\mathrm{.}2024-$Nov $2486$ $$940\mathrm{.}0017-$Nov $$1,472\mathrm{.}70$

$8-$Nov $2479$ $$1,705\mathrm{.}0029-$Nov $2487$ $$398\mathrm{.}0020-$Nov $$2,954\mathrm{.}00$

$10-$Nov $2480$ $$1,330\mathrm{.}0030-$Nov $2488$ $$800\mathrm{.}0024-$Nov $$2,567\mathrm{.}30$

$15-$Nov $2481$ $$695\mathrm{.}4027-$Nov $$1,650\mathrm{.}00$

$18-$Nov $2482$ $$612\mathrm{.}0029-$Nov $$1,186\mathrm{.}00$

$30-$Nov $$1,304\mathrm{.}00$

Total $$14,469\mathrm{.}10$ Total $$15,910\mathrm{.}70$

The bank statement contained two bank memoranda:

a$.$ A credit of $$2,242$ for the collection from a customer for Bogalusa Company of an electronic

funds transfer $($EFT$).$ See bank statement above.

b$.$ A debit for the printing of additional company checks $($service charge$)$ $$85.$ See bank

statement above.

Instructions:

Prepare a bank reconciliation at November $30,2025.$