The December bank statement showed: 32.000 (271,000) First Chartered Bank Gibson Energy Ltd. Bank Statement Month Ended December 31, 2019 DateTypeOut Dec. 3 Deposit in Balance 70,000 A NR XYZ Corp 215,000 80,000 295,000 5 Ck. 232 110,000 185.000 6 CK 231 70,000 115,000 6 Deposit 30,000 145,000 7 Deposit 210,000 355,000 10 Ck. 234 25,000 330.000 12 ck 236 590,000 1260,000) 13 Deposit (228,000) 14 Ck_52094 62,000 290,000) 14 NSF ABC Inc 7,000 1297.000) 15 Deposit 461ck, 238 28,000 1299,000) 17 Deposit 420,000 121.000 62.000 18 C 235 59,000 20 Ch 237 17.000 45.000 61,000 24 Deposit 112,000 26 Deposit 21,000 133,000 28 Deposit 1,320 31 OD int 131,680 131.620 31 SC drawn in error on Gibson's bank account NR note receivable collected from XYZ Corp. $1,951 including interest of: NSF not sufficient funds SC -service charge OD int overdraft interest expense Outstanding items at November 30, 2019 were as follows: Nov. 30 deposit $70,000 $70,000 Ck. 231 Required: 1 Complete the bank reconciliation at December 31, 2019. 16,000 $1.000 2 Prepare the adjusting journal entries required to make the cash in Bank account in the general ledger agree with the adjusted cash balance on the December 31 bank reconciliation. Include descriptions Gibson Energy Ltd's general ledger account for Cash in Bank showed the following at December 31, 2019: Cash in Bank Acct. No. 101 Balance DR Folio Debit Credit (CR) Date Nov. 30 Dec. 1-31 Dec. 1-31 Description Balance (overdraft) Cash receipts Cash Payments 813,000 CRU10 CD21 221.000 1,034,000 62,000 972,000 December deposits made and checks issued were as follows: No. Checks Amount 232 110,000 233 83,000 234 25,000 59,000 236 590,000 237 17,000 238 28,000 239 77,000 12 Deposits Date Amount Dec. 5 30,000 210,000 85,000 32,000 26,000 420,000 16,000 51,000 21,000 15,000 $813,000 235 $972,000