Problem 6:18B Preparing a bank reconciliation LO 6-3 Bill Lewis owns a construction business, Lewis Supply Co. The following cash information is available for the month of October 2016. As of October 31, the bank statement shows a balance of $21,400. The October 31 unadjusted balance in the Cash account of Lewis Supply Co. is $18,400. A review of the bank statement revealed the following information: 1. A deposit of $2,600 on October 31, 2016, does not appear on the October 31 bank statement. 2. A debit memo for $75 was included in the bank statement for the purchase of a new supply of checks. 3. When checks written during the month were compared with those paid by the bank, three checks amounting to $2,075 were found to be outstanding. 4. It was discovered that a check to pay for repairs was correctly written and ppid by the bank for $1,500 but was recorded on the books as $5,100. Required a. Prepare a bank reconciliation at the end of October showing the true cash balance. b. Prepare any necessary journal entries to adjust the books to the true cash balance. Selec PROBLEM 6-18B a. Lewis Supply Co. Bank Reconciliation October 31, 2016 Unadjusted Bank Balance, October 31, 2016 Add: Deposit in Transit Less: Outstanding Checks True Cash Balance, October 31, 2016 Unadjusted Book Balance, October 31, 2016 Add: Error in recording check for repairs Less: Debit Memo for new checks True Cash Balance, October 31, 2016 b. General Journal Ref. Account Titles Debit Credit 1. 2