The balance of Company A's checking account on December 31, 2011 was $500,000. I was notified that the balance of the checking account at the bank was $653,000. As a result of investigation by the company's accounting representative, the causes of the discrepancy were as follows.

(1) On December 31, 2011, the customer received $250,000 in credit and deposited it into the bank, but the transaction bank processed the deposit on January 3, 2012.

(2) The bank collected $200,000 of the bill due on December 31, 2011, and deposited the balance after deducting $2,000 of the collection fee, but did not notify us.

(3) The interest on bank loans of $5,000 was deducted from the checking account and did not notify us.

(4) On December 27, 2011, A company issued a check to pay Jeil Corporation $300,000, but Jeil Corporation presented a check on January 4, 2012.

(5) The check $10,000 deposited from the client was incorrectly entered as $100,000 in the company book.

Question 1. Fill out the bank account adjustment table.

Question 2. Please make the necessary adjustment entry.

Question 3. Since the deposit and withdrawal dates for checking accounts are generally different between banks and companies, the balance of the company's checking account and the balance of the bank's checking account at a certain point in time do not match. Explain the account subject that causes this discrepancy by dividing it into (1) the cause of the company and (2) the cause of the bank and (3) the common cause.

Cause Banke Company Balance before adjustment $653,000 $500,0002 adjusted checking balance