The bank portion of the bank reconciliation for Novak Corp. at October 31, 2020, is shown below. Novak Corp. Bank Reconciliation October 31, 2020 Cash balance per bank Add: Deposits in transit $12,467.90 1,490.20 13,958.10 Less: Outstanding checks Check Number 2451 2470 2471 2472 Check Amount $ 1,380.40 624.20 864.50 286.80 1,050.00 2474 4,205.90 $9,752.20 Adjusted cash balance per bank The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits. Bank Statement Checks and Debits Deposits and Credits Date Number Amount Date Amount 11-1 2470 $ 624.20 11-1 $ 1,490.20 11-2 2471 864.50 11-4 1,271.60 11-5 2474 1,050.00 11-8 890.10 11-4 2475 1,580.70 11-13 2,655.00 11-8 2476 2,810.00 11-18 1,512.70 11-10 2477 600.00 11-19 EFT 2,242.00 11-15 2479 1,810.00 11-21 2,845.00 11-18 2480 1,490.00 11-25 2,667.30 11-27 2481 655.40 11-28 1,670.00 11-28 SC 65.00 11-30 1,186.00 11-30 2483 455.50 Total 18,429.90 11-29 2486 1,140.00 Total $13,145.30 The cash records per books for November showed the following. Cash Payments Date Number Amount Date Number 11-1 2475 $1,580.70 11-20 2483 11-2 2476 2,810.00 11-22 2484 11-2 2477 600.00 11-23 2485 11-4 2478 518.20 11-24 2486 11-8 2479 1,765.00 11-29 2487 11-10 2480 1,490.00 11-30 2488 11-15 2481 6 55.40 Total 11-18 2482 642.00 Amount $ 455.50 809.50 924.80 1,140.00 438.00 800.00 Cash Receipts Date Amount 11-3 $1,271.60 11-7 890.10 11-12 2,655.00 11-17 1,512.70 11-20 2,854.00 11-24 2,667.30 11-27 1,670.00 11-29 1,186.00 11-30 1,204.00 Total $15,910.70 $14,629.10 The bank statement contained two bank memoranda: 1. A credit of $2,242.00 for the collection for Novak Corp. of an electronic funds transfer. 2. A debit for the printing of additional company checks $65.00. At November 30, the cash balance per books was $11,033.80 and the cash balance per bank statement was $17,752.50. The bank did not make any errors, but Novak Corp. made two errors. Using the steps in the reconciliation procedure, prepare a bank reconciliation at November 30, 2020. (List items that increase balance as per bank & books first. Round answers to 2 decimal places, e.g. 52.75.) Novak Corp. Bank Reconciliation