Problem 8-2 The following information pertains to Ferguson Corp. at December 31, 2017, its year-end: Required: Prepare a bank reconciliation and all necessary adjusting journal entries at December 31, 2017. \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Bank Section } \\ \hline Bank Statement Ending Balance & \\ \hline Increases & \\ \hline Deposits in Transit & \\ \hline Other Additions & \\ \hline Bank Errors & \\ \hline & \\ \hline Decreases & \\ \hline Outstanding Checks & \\ \hline Other Deductions & \\ \hline Bank Errors & \\ \hline Adjusted Bank Statement Ending Balance & \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Company Section } \\ \hline Book Ending Balance & \\ \hline Increases & \\ \hline Note Collected by Bank (CM) & \\ \hline Interest on Note Collected by Bank (CM) & \\ \hline Bank Interest (CM) & \\ \hline Other Additions (CM) & \\ \hline Company Errors & \\ \hline Decreases & \\ \hline Fees on Note Collected by Bank (DM) & \\ \hline Bank Service Charge (DM) & \\ \hline NSF Check (DM) & \\ \hline Check Printing Charge (DM) & \\ \hline Other Deductions (DM) & \\ \hline Company Errors & \\ \hline Adjusted Book Ending Balance & \\ \hline \end{tabular} Problem 8-2 The following information pertains to Ferguson Corp. at December 31, 2017, its year-end: Required: Prepare a bank reconciliation and all necessary adjusting journal entries at December 31, 2017. \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Bank Section } \\ \hline Bank Statement Ending Balance & \\ \hline Increases & \\ \hline Deposits in Transit & \\ \hline Other Additions & \\ \hline Bank Errors & \\ \hline & \\ \hline Decreases & \\ \hline Outstanding Checks & \\ \hline Other Deductions & \\ \hline Bank Errors & \\ \hline Adjusted Bank Statement Ending Balance & \\ \hline \end{tabular} \begin{tabular}{|c|c|} \hline \multicolumn{2}{|c|}{ Company Section } \\ \hline Book Ending Balance & \\ \hline Increases & \\ \hline Note Collected by Bank (CM) & \\ \hline Interest on Note Collected by Bank (CM) & \\ \hline Bank Interest (CM) & \\ \hline Other Additions (CM) & \\ \hline Company Errors & \\ \hline Decreases & \\ \hline Fees on Note Collected by Bank (DM) & \\ \hline Bank Service Charge (DM) & \\ \hline NSF Check (DM) & \\ \hline Check Printing Charge (DM) & \\ \hline Other Deductions (DM) & \\ \hline Company Errors & \\ \hline Adjusted Book Ending Balance & \\ \hline \end{tabular}