Question 4 The bank portion of the bank reconciliation for Sunland Company at October 31, 2017, is shown below. SUNLANDCOMPANY Bank Reconciliation October 31,2017 Cash balance per bank $12,647.90 1,530.20 14,178.10 Add: Deposits in transit Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Adjusted cash balance per bank Check Amount $ 1,260.40 684.20 844.50 431.05 1050.00 4,270.15 $9,907.95 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits Bank Statement Checks Deposits Date Number Amount Date Amount $68420 11-1 $1,530.20 844.5011-4 1,211.60 1,050.00 11-8 990.10 1,640.70 11-13 2,575.00 2,830.00 11-18 1,472.70 600.00 11-21 2,945.00 1,750.00 11-25 2,567.30 1.330.00 11-28 1,650.00 695.40 11-30 1,18600 11-1 2470 11-2 2471 11-5 2474 11-4 2475 11-8 2476 11-10 2477 11-15 2479 11-18 2480 11-27 2481 11-30 2483 11-29 2486 11-30 1.186.00 575.50 Total 16.127.90 940.00 Total $12.940.30 From Fr.. Cash Payments Journal Cash Receipts Journal Date Number Amount Date Number Amount Date Amount 11-1 2475 $1,640.70 11-20 2483 11-2 2476 2,830.00 11-22 2484 11-2 2477 11-4 2478 575.50 11-3 $1211.60 825.2511-7 9748011-12 940.00 11-17 1.472.70 990.10 600.00 11-23 2485 2,575.00 538.20 11-24 2486 11-8 2479 1705.00 11-29 2487 39800 11-202954.00I 11-10 2480 1,330.00 11-30 2488 11-15 2481 11-18 2482 800.00 11-242.567.30 1,650.00 1,186.00 1,584.00 Total $16,190.70 695.40 Total $14,464.85 11-27 612.00 11-29 11-30 3 The bank statement contained two bank memoranda: A credit of $2,432.00 for the collection for Sunland Company of an electronic funds transfer. A debit for the printing of additional company checks $89.25. 1. 2. At November 30, the cash balance per books was $11.633.80 and the cash balance per bank statement errors, but Sunland Company made two errors. was $18.178.25 The bank did not make any