The bank portion of last month's bank reconciliation for Ivanhoe Limited at October $31$ is shown here: IVANHOE LIMITED Bank Reconciliation October $31.$ Cash balance per bank Add: $$24,70$ Deposits in transit $ $3,322$ Total: $28,112$ Less: Outstanding cheques #$2472$: $$1,350$#$2473$ : $$1710.$ #$2474$ : $$1006.$ IVANHOE LIMITED Bank Statement November $30$ Date : Oct $31$:Balance $$24,790$Nov $1$: Description : Cheque, No$\mathrm{.}2472$Amounts Deducted from Account $($Debits$)$ : $1,350.$ Balance :$23,440$ Nov $1$: Description : Deposit Amount Added to Account $($Credit$)$ :$$3,322$ Balance:$$26,762$Nov $2$: Description: Cheque, No$.2473$Amounts Deducted from Account $($Debits$)$ : $$1,710$ Balance: $$25,052$Nov $3$: Description: Deposit Amount Added to Account $($Credits$)$: $$2,380$Balance: $$27,432$Nov $4$:Description: Cheque, No$\mathrm{.}2475$Amounts Deducted from Account $($Debits$)$ : $$3,534$Balance: $$23,898$Nov $7$ : Description:DepositAmounts Added to Account $($Credits$)$ : $$2,180$Balance $$26,078$Nov $8$: Description: Cheque, No$\mathrm{.}2476$Amounts Deducted from Account$($Debits$)$: $$6,220$Balance : $$19,858$Nov $10$: Description: Cheque, No $2477$Amounts deducted from Account $($debits$)$ :$$1,100$Balance: $$18,758$Nov $15$:Description:Deposit Amount added toAccounts $($credits$)$ :$4,910$Balance: $$23,668$Nov $15$:Description: Cheque, No $.2478$ Amount deducted from Account $($debits$)$: $$3,500$Balance: $$20,168$Nov $15$Description: EFT, Salaries Amount deducted from Account $($debits$)$: $$7,000$Balance :$$13,168$Nov $20$Description: deposit Amount added to account$($credits$)$ : $$5,890$Balance $ $19,058$Nov $25$ Description: Returned Cheque$-$NSF$,$ Giassin DevelopmentsAmount deducted from account$($debits$)$ : $$400$Balance : $$18,658$Nov $25$Description: NSF FeeAccount deducted from Account $($debits$)$: $$80$Balance : $ $18,578$Nov $26$Description: Cheque, No$\mathrm{.}2479$Amount deducted from account $($debits$)$ : $$1,370$Balance : $$17,208$Nov $27$ Description: Deposit Amount added to account $($Credits$)$ : $$3,200$Balance : $$20,408$Nov $29$Description:EFT, collection of note receivable and interest Amounts added to account $($credits$)$: $$5406$Balance :$$25814$Nov $30$Description: Cheque, No: $2481$ Amount deducted from account$($debits$)$ : $$1,082$ Balance : $$24,732$ Nov $30$ Description: EFT, Salaries Amount deducted from account $($debits$)$: $$7,000$Balance :$$17,732$Nov $30$Description: Bank service charges Amount deducted from Account $($debits$)$: $$50$Balance :$$17,682$The cash records per books for November showed the following:Cash Receipts :Date :Nov. $3$ : Amount$-$ $$2,380$ Nov. $7$ : Amount $-$$$2,180$Nov $12$: Amount$-$$$4,810$Nov $20$: Amount $-$$$5,908$Nov $27$: Amount $-$ $$3,200$Nov $30$: Amount$-$ $$3,635$Total Cash Recipts: $ $22,213$Cash payments Nov $1$ : Cheque Number : $2475$Amount: $$3,534$Nov $2$: Cheque Number : $2476$Amount : $$5,320$Nov$2$:Cheque Number : $2477$Amount: $$1,100$Nov$8$:Cheque Number: $2478$Amount : $$3,500$Nov$15$:Cheque Number : $2479$Amount: $$1,370$Nov $15$:Number : EFT salaries Amount :$7,000$Nov $18$: Cheque Number : $2480$Amount: $$1,103$Nov $20$:Cheque Number : $2481$Amount :$ $1,082$Nov $29$:Cheque Number : $2482$Amount : $$1,620$Nov $30$: Number : EFT, Salaries Amount : $7,000$ Total Cash Payments $=$ $$32,629$Additional information: $1.$ The EFT collection on November $29$ was not previously recorded. The collection of the note was for $$4,200,$ plus $$1,206$ interest. Interest was not previously accrued. $2.$ EFT payments are recorded when they occur. $3.$ The bank did not make any errors. $4.$ Two errors were made by the company: one in recording a cheque and one in recording a cash receipt. The correction of any errors in the recording of cheques should be made to Accounts Payable. The correction of any errors in the recording of cash receipts should be made to Accounts Receivable.