Required Information (The following information applies to the questions displayed below.) On October 31, 2021, the bank statement for the checking account of Blockwood Video shows a balance of $12,854, while the company's records show a balance of $12.281. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1.180. D. The October 31 cash receipts of $735 are not deposited in the bank until November 2. c. One check written in payment of utilities for $127 is correctly recorded by the bank but is recorded by Blockwood as a disbursement of $217. d. In accordance with prior authorization, the bank withdraws $440 directly from the checking account as payment on a note payable. The interest portion of that payment is $40 and the principal portion is $400. Blockwood has not recorded the direct withdrawal. e. Bank service fees of $14 are listed on the bank statement. f. A deposit of $557 is recorded by the bank on October 13, but it did not belong to Blockwood. The deposit should have been made to the checking account of Hollybuster Video, a separate company. 9. The bank statement includes a charge of $65 for an NSF check. The check is returned with the bank statement, and the company will seek payment from the customer. Required: Prepare a bank reconciliation for the Blockwood checking account on October 31, 2021. (Amounts to be deducted should be ndicated with a minus sign.) BLOCKWOOD VIDEO Bank Reconciliation October 31, 2021 Company's Cash Balance Per general ledger Bank's Cash Balance Per bank statement Bank balance per reconciliation Company balance per reconciliation 2 Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transactions Journal entry worksheet 1 2 Record the amounts that increase cash. Note: Enter debits before credits General Journal Debit Credit Transaction 1 Record entry Clear entry View general Journal