Question 2 [30 points] The following information is for Global Filter Corp.: a. Balance per the bank statement dated October 31, 2014 is $46,450. b. Balance of the Cash account on the company books as of October 31, 2014 is $41,456. c. Included with the bank statement was a $35 credit memorandum for interest earned on the bank account during the month. d. The bank had collected a $650 note. e. Included with the bank statement was an NSF cheque for $300 that had been received from a customer in payment of his account. f. Cheques written that had not cleared the bank by October 31, 2014 were: #800 : $1,150 #796 : $1,100 #810 : $1,400 #807 : $1,350 #814 : $1,000 g. Bank deposit on October 31, 2014 for $1,400 does not appear on the bank statement. h. Cheque #790, for office supplies in the amount of $389, was recorded in the Cash Disbursements Journal incorrectly as $398. Prepare a bank reconciliation statement as of October 31, 2014, as well as the necessary adjusting journal entries. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Global Filter Corp. Bank Reconciliation October 31, 2014 Bank statement balance Book balance Add: Add: + Deduct: Deduct: Outstanding cheques: Adjusted bank balance Adjusted book balance General Journal Account/Explanation Page GJ2 F Debit Credit Date +