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The following information is available to reconcile Style Co.'s book balance of cash with its bank statement cash balance as of December 31,2011 . a.

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The following information is available to reconcile Style Co.'s book balance of cash with its bank statement cash balance as of December 31,2011 . a. The December 31 cash balance according to the accounting records is $31,743.70, and the bank statement cash balance for that dte is $45,091.80. b. Check No. 1273 for $1,084.20 and Check No. 1282 for $390, both written and entered in the accounting records in December, are not among the canceled checks. Two checks, No. 1231 for $2,289 and No. 1242 for $370.50, were outstanding on the most recent November 30 reconciliation. Check No. 1231 is listed with the December canceled checks, but Check No. 1242 is not. c. When the December checks are compared with entries in the accounting records, it is found that Check No. 1267 had been correctly drawn for $2,435 to pay for office supplies but was erroneously entered in the accounting records as $2,453. d. Two debit memoranda are enclosed with the statement and are unrecorded at the time of the reconciliation. One debit memorandum is for $749.50 and dealt with an NSF check for $732 received from a customer, Titus Industries, in payment of its account. The bank assessed a $17.50 fee for processing it. The second debit memorandum is a $79 charge for check printing. Style did not record these transactions before receiving the statement. e. A credit memorandum indicates that the bank collected $20,000 cash on a note receivable for the company, deducted a $20 collection fee, and credited the balance to the company's Cash account. Style did not record this transaction before receiving the statement. f. Style's December 31 daily cash receipts of $7,666.10 were placed in the bank's night depository on that date, but do not appear on the December 31 bank statement. Required 1. Prepare the bank reconciliation for this company as of December 31,2011 . 2. Prepare the journal entries necessary to bring the company's book balance of cash into conformity

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