• The cash account for Seal-Tek Co. at December 1, 2006, indicated a balance of Br 3,945.90. During December, the total cash deposited was Br 31,077.75, and checks written totaled Br 30,395.78. The bank statement indicated a balance of Br 5,465.50 on December 31. Comparing the bank statement, the canceled checks, and the accompanying memorandums with the records revealed the following reconciling items: a. Checks outstanding totaled Br 3,003.84. b. A deposit of Birr 2,148.21, representing receipts of December 31, had been made too late to appear on the bank statement. c. The bank had collected for Seal-Tek Co. Br 1,908 on a note left for collection. The face of the Note was Br 1,800. d. A check for Br120 returned with the statement had been incorrectly charged by the bank as Br1,200. e. A check for Br318 returned with the statement had been recorded by Seal-Tek Co. as Br138. The check was for the payment of an obligation to Kenyon Co. on account. f. Bank service charges for December amounted to Br 30. g. A check for Br 636 from Fontana Co. was returned by the bank because of insufficient funds. Instruction: Task 1 Prepare bank reconciliation