The accounting department prepares a bank reconciliation at the end of each month. The following Tableau Dashboard is provided to assist in our reconciliation for the month of November, Bank Statement Balance $20,000 $15,000- $10,000 $5,000 $0 October 31 November 15 November 30 Book Balance $20,000 $15,000 $10,000 $5,000 50 October 31 November 15 November 30 Cash Interest Received on Bank Balance Total Deposits in Transit $5,000 $0 October 31 November 15 November 30 Cash Interest Received on Bank Total Deposits in Transit Balance November 30 $250 $40 November Bank Fees $30 $20 Service Check Printing Fees $10 Fees $0 August September October November Outstanding Checks at Nov. 30 Check #1203 $100 Wire Transfer Fees Check #1278 $78 + ableau 1 After nrenarinn the hank reronciliatinn rernrd the inurnal antriae nereceane to make the cnmnanu'e hnnk halance nf cach en Saved 1. After preparing the bank reconciliation, record the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of November 30. Specifically record the () cash interest received on the bank balance and (2) monthly bank fees (titled Miscellaneous Expense). 2 Assume that information from the Tableau Dashboard is insufficient to reconcile the two balances. How would we report each of the following on the bank reconciliation? Complete this question by entering your answers in the tabs below. Required 1 Required 2 After preparing the bank reconciliation, record the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of November 30. Specifically record the: (1) cash interest received on the bank balance and (2) monthly bank fees (titled Miscellaneous Expense). View transaction list Journal entry worksheet 1 2 > Record the interest revenue. Note: Enter debits before credits Date General Jounal Debit Credit Nov 30 1. After preparing the bank reconciliation, record the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of November 30. Specifically record the: () cash interest received on the bank balance and (2) monthly bank fees (titled Miscellaneous Expense). 2 Assume that information from the Tableau Dashboard is insufficient to reconcile the two balances. How would we report each of the following on the bank reconciliation? Complete this question by entering your answers in the tabs below. Required 1 Required 2 After preparing the bank reconciliation, record the journal entries necessary to make the company's book balance of cash equal to the reconciled cash balance as of November 30. Specifically record the: (1) cash interest received on the bank balance and (2) monthly bank fees (titled Miscellaneous Expense). View transaction list Journal entry worksheet 2 Record the monthly bank fees (titled Miscellaneous Expense). Note: Enter debits before credits. Date General Journal Debit Credit Nov 30
