The bank portion of the bank reconciliation for Ivanhoe Company at October 31, 2021, was as follows:

IVANHOE COMPANY Bank Reconciliation October 31, 2021
Cash balance per bank				$11,646
Add: Deposits in transit				1,560
				13,206
Less: Outstanding cheques
#2451		$1,400
#2470		910
#2471		839
#2472		460
#2474		1,020		4,629
Adjusted cash balance per bank				$8,577

The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following:

IVANHOE COMPANY Bank Statement November 30, 2021
		Cheques and Other Debits
Date		Number			Amount			Deposits			Amount
Oct. 31											$11,646
Nov. 3		2470			$910			$1,560			12,296
4		2471			839						11,457
5		2475			1,641			1,154			10,970
6		2474			1,020						9,950
7		2476			1,620			990			9,320
10		2477			600						8,720
13								2,575			11,295
14		2479			1,750						9,545
18		2480			1,330			1,512			9,727
21								1,833			11,560
25		NSF			250			2,567			13,877
26		2481			695						13,182
27								1,650			14,832
28		2486			900			EFT 2,510			16,442
28		2483			567			1,186			17,061
30		LN			2,240						14,821

Additional information from the bank statement:

1.		The EFT of $2,510 is an electronic transfer from a customer in payment of its account. The amount includes $80 of interest that Ivanhoe Company had not previously accrued.
2.		The NSF for $250 is a $235 cheque from a customer, Pendray Holdings, in payment of its account, plus a $15 processing fee. The companys policy is to pass on all NSF service charges to the customer.
3.		The LN is a payment of a note payable with the bank and consists of $240 interest and $2,000 principal.
4.		At November 30, the cash balance per books was $9,975. The bank did not make any errors.

The cash records per books for November follow. Two errors were made by Ivanhoe Company.

Cash Payments
Date		Number			Amount			Date			Number			Amount
Nov. 3		2475			$1,641			Nov. 18			2482			$591
3		2476			1,260			20			2483			567
4		2477			600			21			2484			859
6		2478			545			24			2485			929
8		2479			1,750			26			2486			900
10		2480			1,330			28			2487			1,270
14		2481			695			Total						$12,937

Cash Receipts
Date		Amount
Nov. 3		$1,154
7		990
12		2,575
17		1,512
20		1,388
24		2,567
27		1,650
28		1,186
30		1,313
Total		$14,335

Prepare a bank reconciliation at November 30. (List items that increase balance as per bank & books first.) IVANHOE COMPANY Bank Reconciliation November 30, 2021 $ V $ V A A A > $ Prepare the necessary adjusting entries at November 30. (Note: 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.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 30 (To record receipt from customer & interest earned & to correct error) Nov. 30 (To record NSF cheque and other cash payments)