The bank portion of the bank reconciliation for Swifty Company at November 30, 2020, was as follows. Swifty COMPANY Bank Reconciliation November 30, 2020 Cash balance per bank Add: Deposits in transit $14,487.90 2,530.20 17.018.10 Less: Outstanding checks Check Number 3451 3470 3471 3472 3474 Adjusted cash balance per bank Check Amount $ 2,260.40 720.10 844.50 1,426.80 1,059.00 6,310.80 $10,707.30 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 Date Checks Number 3451 Date 12-1 12-2 Amount $2,260.40 844.50 1,426.80 Deposits Amount $ 2,530.20 1,211.60 2,365.10 12-1 12-4 12-8 3471 12-7 3472 12-2 3471 12-4 12-7 12-8 12-4 3472 3475 3476 12-8 844.50 1,426.80 1,640.70 1,300 2,130 3,080 600 1,211.60 2,365.10 2,672.70 2.945 2,567.30 2,836 1,025 $18,152.90 3477 12-16 12-21 12-26 12-29 12-30 12-10 12-15 3479 3480 12-27 12-30 3482 475.50 Total 12-29 12-31 3483 3485 Total 1,140 530.80 $15.428.70 The cash records per books for December showed the following. Date 12-1 12-2 Number 3475 3476 3477 3478 3479 12-2 Cash Payments Journal Amount Date Number $1,640.70 12-20 3482 1,300 12-22 3483 2,130 12-23 3484 621.30 12-24 3485 3,080 12-30 3486 600 Total 807.40 Amount $475.50 1,140 789.00 350.80 889.50 $13,824.20 12-4 Cash Receipts Journal Date Amount 12-3 $ 1,211.60 12-7 2,365.10 12-15 2,672.70 12-20 2,954 12-25 2,567.30 12-28 2,836 12-30 1,025 12-31 1,690.40 Total $17,322.10 12-8 12-10 3480 3481 12-17 The bank statement contained two memoranda: The bank statement contained two memoranda: 1. A credit of $2,380 for the collection of Langer Company of an electronic funds transfer. A debit for the printing of additional company checks $94.00. 2. At December 31, the cash balance per books was $14,205.20, and the cash balance per the bank statement was $19,498.10. The bank did not make any errors, but Langer Company made two errors. (a) Using the four steps in the reconciliation procedure, prepare a bank reconciliation at December 31. (Round answers to 2 decimal places, eg. 52.75. List items that increase cash balance first. Reconcile cash balance per bank first.) SWIFTY COMPANY Bank Reconciliation December 31, 2020 Adjusted cash balance per bank $ 19498.10 Add : Deposits in transit Less Outstanding checks $ Outstanding checks S M A A > A ~ ~ LA