The cash transactions and cash balances of Sonny, Inc., for November were as follows: 1. The ledger account for Cash showed a balance at November 30, of $124,568. 2. The November bank statement showed a closing balance of $112,828. 3. The cash received on November 30 amounted to $18,000. It was left at the bank in the night depository chute after banking hours on November 30 and therefore was not recorded by the bank on the November statement. Also included with the November bank statement was a debit memorandum from the bank for $50 representing service charges for November. A credit memorandum enclosed with the November bank statement indicated that a non-interest-bearing note receivable for $5,000 from Rene Casey, left with the bank for collection, has been collected and the proceeds credited to the account of Sonny, Inc. 5. 6. Comparison of the paid checks returned by the bank with the entries in the accounting records revealed that check no. 121 for $519, issued November 15 in payment for office equipment, had been erroneously entered in Sonny records as S915. Examination of the paid checks also revealed that three checks, all issued in November, had not yet been paid by the bank: no. 111 for $314; no. 114 for $625; no. 123 for $175 Included with the November bank statement was a $200 check drawn by Howard Williams, a customer of Sonny, Inc. this check was marked "NSF". It had been included in the bank deposit of November 26 but had been charged back against the company's bank account on November 30. Instructions: a. Prepare a bank reconciliation for Sonny, Inc., at November 30. b. What is the amount of cash that should be reported on the Balance Sheet at 7. 8. November 30 a. Balance per ledger $124,568 Balance per bank $112,828 Add: Add Deduct: Deduct: Adjusted cash balance: Adjusted cash balance Please prepare below the necessary journal entries for the company