Q3 (5 points) Prepare the Bank reconciliation at 30 November 2020. On 30 November 2020, Panda Jewelry's cash ledger showed a balance of $2,500. The bank statement from Best Bank on that date showed a balance of $4,000. A comparison of the details on the bank statement with the details in the cash account revealed the following facts. 1. The statement included a debit memo of S50 for the printing of additional checks. 2. The statement included a credit memo of $1,000 for the collection of note receivable and $50 interest The bank also charged $20 as a collection fee. 3. Cash sales of $830 on 15 November were deposited in the bank. The cash journal entry was incorrectly made for $380. The bank credited for the correct amount 4. Outstanding checks at 30 November totaled $1,200, deposit in transit were $580. 5. The statement showed a NSF charge of $230 for a check issued by Monkey Milk, a customer on account. to Panda Jewelry 6. Included with the canceled checks was a check issued by Orca Co. for S50 that was incorrectly charged to Panda Jewelry by the bank. 7. On 25 November, Panda Jewelry issued check no. 412 for $1,520 to Dolphin Co. The check, which cleared with the bank in November, was incorrectly recorded and posted by Panda Jewelry for $1.250. Panda Jewelry Co. The Bank Reconciliation 30 November 2020 Balance per bank statement 3.430 Corrected cash balance Balance per book Final 1/2021 01130111 6/10