The bank portion of the bank reconciliation for Waterway Company at November 30, 2022, was as follows. Waterway COMPANY Bank Reconciliation (Partial) November 30, 2022 Cash balance per bank $14,497.90 Add: Deposits in transit 2,530.20 17,028.10 Less: Outstanding checks Check Number Check Amount 3451 $ 2,262.40 3470 722.40 3471 846.40 3472 1,428.40 3474 1,053.40 6,313.00 Adjusted cash balance per bank $10,715.10 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. 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 12-1 345 1 $2,262.40 12-1 $ 2,530.20 12-2 3471 846.40 12-4 1,213.40 12-7 3472 1,428.40 12-8 2,367.40 12-4 3475 1,642.40 12-16 2,674.40 128 3476 1,302.40 1221 2,947.40 12-10 3477 2,132.40 12-26 2,569.40 1215 3479 3,082.40 1229 2,838.40 12-27 3480 602.40 12-30 1,027.40 12-30 3482 477.90 Total $18,168.00 12-29 3483 1,142.40 1231 3485 530.80 Total $15,450.30 The cash records per books for December showed the following. Cash Payments Journal Cash Receipts Journal Date Number Amount Date N umber Amount Date Amount 121 3475 $1,642.40 12-20 3482 $477.90 12-3 $ 1,213.40 122 3476 1,302.40 12-22 3483 1,142.40 12-7 2,367.40 122 3477 2,132.40 12-23 3484 799.40 12-15 2,674.40 12-4 3478 623.70 12-24 3485 350.80 12-20 2,954.00 128 3479 3,082.40 12-30 3486 891.90 12-25 2,569.40 12- 10 3480 602.40 Total $ 13,85 7.90 12-28 2,83 8.40 1217 348 1 809.80 12-30 1,02 7.40 12-31 M Total 55 17,33 7.20 The bank statement contained two memoranda: 1. A credit of $6,020.00 for the collection of a $5,900.00 note for Waterway Company plus interest of $160.00 and less a collection fee of $40.00. Waterway Company has not previously recorded any interest on the note. 2. A debit of $86.60 for an NSF check written by L. Rees, a customer. At December 31, the check had not been redeposited in the bank. At December 31, the cash balance per books was $14,194.40, and the cash balance per the bank statement was $23,149.00. The bank did not make any errors, but two errors were made by Waterway Company