t lowing information was available to reconcile Montrose Company's book balance of Cash with its bank statement balance as of 31, 2017 After all posting was completed on October 31, the company's Cash account had a $15,441 debit balance, but its bank statement showed a $34,289 balance. b. Cheques #296 for S 1,558 and #307 for S 14,896 were outstanding on the September 30 bank reconciliation.chegue #307 was returned with the October cancelled cheques, but cheque #296 was not. It was also found that cheque #315 for $1,043 and cheque #321 for S2.336, both written in October, were n the cancelled cheques returned with the statement c in companng the cancelled cheques returned by the bank with the entries in the accounting records,t found that che ue #320 for the October rent was correctly written for $6,000 but was erroneously entered in the accounting records as $6,900 tmemo enclosed with the bank statement indicated that there was an electronic fund transfer d. elated to a customer payment for $21,200. A $140 ban k service charge was deducted. This transaction recorded by Montrose before receiving the bank statement memo for $3,793 listed a $3,736 NSF cheque plus a S57 NSF charge. The cheque had been e. A from a customer, Jefferson Tyler. Montrose had not recorded this the statement bounced cheque before f. Alsaenclosed with the statement was a $86 debit memo for bank services. It had not been recorded eo previous notification had been received g. The ber 31 cash receipts, $4,080, were placed in the bank's night depository after banking hours on het dae and this amount did not appear on the bank statement. Requ 1. Prepare baneation for the company as of October 31, 2017. MONTROSE COMPANY Bank Reconciliation October 31, 2017 Bank Statement Company's Books Bank statemer Book balance of cash Add: Add: educt: Deduct: justed bank balance Adjusted book balance October 31, 2017 Bank Statement Company's Books statement balance d: Book balance of cash Add: Deduct Deduct Adjusted bank balance Adjusted book balance 2. Prepaje the General Journal entries necessary to bring the company's book balance of Cash into agreement with the reconciled balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fieid.) Jourpal entry worksheet of note less collection fee. Note: Ente etore credits General Journal Debit Credit Oct 3