rmation is available to reconcile Severino Co.'s book balance of cash with its bank Problem 8-4B nt cash balance as of December 31, 2017 l cash balance according to the accounting records is $32,878.30, and the bank state ords in December, are not among the canceled checks. Two checks, No. 1231 for $2.289 and No. 1242 for $410.40, were outstanding on the most recent November 30 reconciliation. Check No cash balance for that date is $46,822.40. at No. 1273 for $4,589.30 and Check No. 1282 for $400, both written and entered in the account P3 Preparing a bank reconciliation and recording adjustments ing re 231 is listed with the December canceled checks, but Check No. 1242 is not. When the December checks are compared with entries in the accounting records, it is found that No. 1267 had been correctly drawn for $3,456 to pay for office supplies but was erroneously c. ntered in the accounting records as $3,465 d. Two memorand a are enclosed with the statement and are unrecorded at the time of the reconciliation. first is for a $762.50 charge that dealt with an NSF check for $745 received from a customer, Titus stries, in payment of its account. The bank assessed a $17.50 fee for processing it. The second is 99 in miscellaneous expenses for check printing bank statement shows that the bank collected $19,000 cash on a note receivable for the company deducted a $20 collection expense, and credited the balance to the company's Cash account. Severino did not record this transaction before receiving the statement. cember 31 daily cash receipts of $9,583.10 were placed in the bank's night deposit but do not appear on the December 31 bank statement. red ank reconciliation for this company as of December 31, 2017. nal entries (in dollars and cents) necessary to bring the company's book balance of e $51.005.80: (2) C 2 Prepare the jo cash into conformity lysis Component ity with the reconciled cash balance as of December 31, 2017 the re of the communications conveyed by a bank when the bank sends the depositor (a) dum and (b) a credit memorandum me