Question 6 The following information was available to reconcile Changeup Company's book balance of cash with its bank statement balance as of December 31: a. The December 31 cash balance according to the accounting records was $12,510, and the bank statement balance for that date was $11,939. b. Two cheques, No. 277 for $463 and No. 279 for $418, were outstanding on November 30 when the book and bank statement balances were last reconciled. Cheque no. 279 was returned with the December cancelled cheques, but Cheque no. 277 was not. c. Cheque No. 302 for $356 and Cheque No. 304 for $328, both written and entered in the accounting records in December, were not among the cancelled cheques returned. d. When the December cheques were compared with entries in the accounting records, it was found that Cheque No. 287 had been correctly drawn for $771 in payment for store supplies but was entered in the accounting records in error as though it were drawn for $717. e. Two debit memoranda and a credit memorandum were included with the returned cheques and were unrecorded at the time of the reconciliation. The credit memorandum indicated that the bank had collected a $2,150 note receivable for the company, deducted a $15 collection fee, and credited the balance to the company's accounts. The first debit memorandum was for an N.S.F. cheque in the amount of $195 and the second debit memorandum was for a special printing of cheques and was for $54. f. The December 31 cash receipts, $3,550., had been placed in the bank's night depository after banking hours on that date and did not appear on the bank statement. Required: 1. Prepare December 31st bank reconciliation for the company. 2. Prepare the General Journal entries necessary to bring the company's book balance of cash into conformity with the reconciled balance