Question 2 [30 points] The following information is for Zcom Inc. a. Balance per the bank statement dated October 31, 2014 is $32,600 b Balance of the Cash account on the company books as of October 31, 2014 is $25,625 c. Bank deposit on October 31, 2014 for $750 does not appear on the bank statement. d. Cheque #281, for office supplies in the amount of $564, was recorded in the Cash Disbursements Journal incorrectly as $5,664 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. Included with the bank statement was a $25 credit memorandum for interest earned on the bank account during the month g Cheques written that had not cleared the bank by October 31, 2014 were #305 $1,200 #297 $850 #300 $850 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 (t.e., January 15 would be 15/Jan) Zcom Inc Bank Reconciliation October 31, 2014 Bank statement balance 32,600 Book balance 25,625 Add Add + - Outstanding deposit 750 + - Interest eamed 25 23,350 25,650 Deduct Deduct Outstanding cheques + = Error 5,100 305 1,200 NSF cheque 300 5.400 297 850 300 850 2 900 20 250 Adjusted bank balance 30 450 Adjusted book balance Page 2 o General Tournal Type here to search 34"C Cloudy AED 40) ENG 1839 14-07-2021 PS i U hp