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The following information was available to reconcile Montrose Company's book balance of Cash with its bank statement balance as of October 31, 2023: a. After

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The following information was available to reconcile Montrose Company's book balance of Cash with its bank statement balance as of October 31, 2023: a. After all posting was completed on October 31 , the company's Cash account had a $16,552 debit balance but its bank statement showed a $36,837 balance. b. Cheques #296 for $1,676 and #307 for $16,022 were outstanding on the September 30 bank reconciliation. Cheque #307 was returned with the October cancelled cheques, but cheque #296 was not. It was also found that cheque #315 for $1,122 and cheque #321 for $2,514, both written in October, were not among the cancelled cheques refurned with the statement c. In comparing the cancelled cheques returned by the bank with the entries in the accounting records, it was found that cheque #320 for the October rent was correctly written for $7,090 but was erroneously entered in the accounting records as $7,720 d. A credit memo enclosed with the bank statement indicated that there was an electronic fund transfer related to a customer payment for $22,363. A $151 bank service charge was deducted. This transaction was not recorded by Montrose before receiving the bank statement. e. A debit memo for $4,091 listed a $4,030 NSF cheque plus a $61 NSF charge. The cheque had been received from a customer, Jefferson Tyler. Montrose had not recorded this bounced cheque before receiving the statement f. Also enclosed with the statement was a $92 debit memo for bank services. It had not been recorded because no previous notification had been received. 9. The October 31 cash receipts, $3,686, were placed in the bank's night depository atter banking hours on that date and this amount did not appear on the bank statement Required: 1. Prepare a bank reconciliation for the company as of October 31, 2023

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