Q2: Tyler com. Began doing business with Security bank on October 1. On that date the correct balance was 4000 $. All transactions are cleared through the bank account.

Subsequent transactions during October and November relating to the records of Tyler co. and Security bank are summarized below

Tyler Comp. record

Security bank books

October deposit

7360 $

7110

October checks

6290

6130

October service charges

10

October 31 balance

5070

4970

November deposit(regular)

8220

8280

November checks

9410

9220

November service charges

15

Note collected by

1015

bank(included $15 interest)

October Service charges

10

November 30 balance

3870

5030

Required: Prepare bank reconciliation statement to correct balance and give entries required

Q2: Tyler com. Began doing business with Security bank on October 1. On that date the correct balance was 4000$. All transactions are cleared through the bank account. Subsequent transactions during October and November relating to the records of Tyler co. and Securitu hank are summarized halow Kequired: Prepare bank reconciliation statement to correct balance and give entries required