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Question #6: Please prepare the bank reconciliation for Embers Co. as of December 31, 2020 based on the information below. The following information was provided

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Question #6: Please prepare the bank reconciliation for Embers Co. as of December 31, 2020 based on the information below. The following information was provided by the bank statement: The following data have been gathered for Embers Co. for the month ended September 30, 2020. Prepare a bank reconciliation based on the following information: - The bank balance as of December 31, 2020 is $58,302 Service fees for the month are $150. Embers Co. Classifies these under Interest and Bank Charges Expense Cheque printing fees for the month are $100. Embers Co. Classifies these under Interest and Bank Charges Expense An EFT collection on behalf of Embers Co. was made in December for $2,118. This was payment for work the company had already completed. A deposited cheque for $250 came up as NSF. This was a payment from a customer for work that had been completed by Embers Co. The bank recorded a $680 payment from a customer as only $68 and has not yet fixed the error. The following information was provided by the accounting records The book balance as of December 31, 2020 is $54,246. Outstanding cheques total $4,900 Outstanding deposit made to the bank on December 29, 2020 was $1,850. This was a payment from a customer who owed from a completed job Note: If two items go to the same section, put them in the order they appear above Embers Co. Embers Co. Bank Reconciliation December 31, 2021 Bank Balance, Unadjusted Book Balance (Unadjusted) Add: Add: Interest Receipt . . Deduct: Deduct: + Reconciled Balance Reconciled Balance Record the Journal Entries to bring the books into balance based on the above reconciliation Make one entry for increases to Cash, and another for Decreases Record the Journal Entries to bring the books into balance based on the above reconciliation Make one entry for increases to Cash, and another for Decreases Account Debit Credit . . e

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