The bank portion of the bank reconciliation for Bonita Company at November 30, 2022, was as follows. Bonita Company Bank Reconciliation November 30, 2022 Cash balance per bank $14,577.90 Add: Deposits in transit 2.530.20 17.108.10 Less: Outstanding checks Check Number Check Amount 3451 $ 2,260.40 3470 720.10 3471 844.50 3472 1,426.80 3474 1,051.30 6,303.10 Adjusted cash balance per bank $10,805.00 The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. Bank Statement Checks Deposits Date Number Amount Date Amount 12-1 3451 $2,260.40 12-1 $ 2,530.20 12-2 3471 844.50 12-4 1.211.60 12-7 3472 1.426.80 12-8 2,365.1 12-4 3475 1,640.70 12-16 2,672.70 12-8 3476 1,300.00 12-21 2,945.00 12-10 3477 2.130.00 12-26 2,567.30 12-15 3479 3.080.00 12-29 2,836.00 12-27 3480 600.00 12-30 1.025.00 12-30 3482 475.50 Total $18.152.90 12-29 3483 1.140.00 12-31 3485 520.80 Total $15,418.70 The cash records per books for December showed the following. Cash Payments Journal Cash Receipts Journal Date Number Amount Date Number Amount Date Amount 12-1 3475 $1,640.70 12-20 3482 $475.50 12-3 $1,211.60 12-2 3476 1,300.00 12-22 3483 1,140.00 12-7 2.365.1 12-2 3477 2.130.00 12-23 3484 796.70 12-15 2,672.70 12-4 3478 621.30 12-24 3485 250.80 12-20 2.954.00 12-8 3479 3,080.00 12-30 3486 889.50 12-25 2.567.30 12-10 3480 600.00 Total $13,731.90 12-28 2,836.00 12-17 3481 807.40 12-30 1.025.00 12-31 1.690.40 Total $17,322.10 The bank statement contained two memoranda: 1. A credit of $2,420 for the collection of Bonita Company of an electronic funds transfer. 2. A debit for the printing of additional company checks $86. At December 31, the cash balance per books was $14.395.20, and the cash balance per the bank statement was $19,646.10. The bank did not make any errors, but Bonita Company made two errors. (a) Your answer is partially correct. Prepare a bank reconciliation at December 31, 2022. (Round answers to 2 decimal places, e.g. 52.75. List items that increase cash balance first. Reconcile cash balance per bank first.) BONITA COMPANY Bank Reconciliation December 31, 2022 Cash balance per bank statement $ Add . Deposits in transit bu! Less : Outstanding checks No. 3470 $ No. 3474 No. 3478 No. 3481 No. 3484 No. 3486 100001 DO IT! Adjusted cash balance per bank $ Cash balance per books v $ Add : NSF check Less V: Error in recording check $ Error in deposit Check printing fee Adjusted cash balance per books $ e Textbook and Media List of Accounts Save for Later Attempts: 2 of 5 used Submit Answer (b) Prepare the adjusting entries based on the reconciliation. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) No. Account Titles and Explanation Debit Credit Dec. 31 (To record collection of electronic funds transfer by bank.) Dec. 31 (To record bank service charge) Dec. 31 | (To correct error in recording check) Dec. 31
