Required information

PA$5-3($Algo$)$ Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries $[$LO $5-4,$ LO $5-5]$

$[$The following information applies to the questions displayed below.$]$

The December bank statement and cash T$-$account for Stewart Company follow:

$\backslash$table$[[$BANK STATEMENT$],[$Date$,$Checks,Deposits,$0$ther,,Balance$],[$December $1,,,,,$$$57,600],[$December $6,$$$7,700,,,,49,900],[$December $1,630,$$$28,000,,,77,270],[$December $1,17,900,,,,59,370],[$December $2,,37,000,,,96,370],[$December $2,630,,,,95,740],[$December $3,24,800,19,000,$NSF$*,$$$380,89,560],[$December $3,,,$Interest earned,$90,89,650],[$December $3,,,$Service charge,$230,89,420]]$

NSF check from J$.$ Left, a customer.

$\backslash$table$[[,$Cash $($A$),],[$December $1,$Debit,Credit$],[,,57,600,],[$Deposits$,,,$Checks written during$],[$December $11,,28,000,$December:$],[$December $23,,37,000,7,700],[$December $30,,19,000,17,900],[$December $31,,14,000,630],[,,,230],[,,,24,800],[$December $31,$Balance,,$],[,,,]]$

There were no deposits in transit or outstanding checks at November $30.$

PA$5-3($Algo$)$ Part $3$

$3.$ Prepare a bank reconciliation for December.