Shown below is the information needed to prepare the bank reconciliation for Elsa Company 011 30 November 2016: (1) The cash ledger account showed a balance of $2.559. while the bank statement indicated a cash balance of $5.728 The bank statement showed $58 interest earned for the month of November. The bank returned a customer's NSF check for $689 received as settlement of an account receivable. ZYX company settled its non-interest bearing notes payable by depositing $8,000 directly into Elsa's bank account. A $800 check mailed to the bank for deposit had not reached the bank on 30 November. The accounting records showed that check written in November amounted to $130,000, but only $128, 500 of them was found in the bank statement. $2,000 cash purchase of inventory on 23 November was mistakenly recorded as cash sale of inventory. The company adopts periodic inventory system. A $1, 200 check received from a tenant for rental revenue was recorded as $2, 100 in the book. Required: a) Prepare the bank reconciliation for the month of November 2016. b) Prepare the necessary journal entries to update the accounting records