Problems: 1. Bank Reconciliation (10 points) Instructions: A. Prepare the bank reconciliation for the month of January B. Record the Journal Entries to bring the book's balance up to date. The general ledger shows a balance of $ 75,054 on January 31. The bank statement shows a balance of $72,466 on January 31. The bank statement shows that $148 of interest was earned during the month of January. The deposit of $5,000 on January 31st was not reflected on the bank statement. The bank statement showed a debit memo of $150 for the return of an NSF check. Outstanding checks total $2,500. The bank statement showed a $50 fee for safety deposit rent. While examining the cleared checks, the treasurer noticed that check # 887 correctly cleared for $462. When originally recorded, the check was posted for $426. The check was a payment on account to a vendor. (Accounts Payable) A. Bank Reconciliation: Bank Balance: Add: Less: Errors +/- $72,466 Book Balance: $75,054 Add: Less: Adjusted balance per bank: $ Date 1/31 Accounts Errors +/- Adjusted balance per Books:$_ Debit Credit