The following is a list of items that could cause the book balance for cash of Larkspur Services to differ from Larkspur's bank statement balance from RBC (Royal Bank), Identify if the item should be included as a reconciling Item in Larkspur's bank reconciliation. Indicate if a journal entry will be needed to correct any of the account for Larkspur. Journal Entry? Type of reconciling item 1. A deposit of collections on account from customers was made, but the amount did not match what appeared on the bank statement. The correct amount of $4,510, shown on the bank statement should have been used in Larkspur's books instead of the amount recorded of 54,600. 2. Included on the bank statement is an automatic charge for Larkspur Service's monthly mortgage payment. The amount of the payment was $000 of which $490 is principal. Larkspur's bookkeeper always waits for the transaction to appear on the bank statement before recording it because the amount varies from month to month. 3. When retracing cheque payments to the journals during the bank reconciliation process, it was noticed that a $1,690 cheque, payable to Larkspur Service's landlord for the current month's rent, was charged to Advertising Expense. On the previous month's bank reconciliation, an outstanding chaque for $440 for a final pay cheque of a part-time employee had not yet been cashed. On the current month bank statement, the cheque has still not cleared the bank account. 5. Larkspur has an agreement with RBC to collect notes receivable and any outstanding interest on the notes Larkspur's bookkeeper waits to record any collection until the amounts are reported by RBC, because it is not predictable how much of the collection will be interest. On the current bank statement, an entry appears for a deposit of $1,005 for a collection of a note with a principal amount of $1,015 6. Appearing on the bank reconciliation is a charge for an NSF cheque of $530 which had been deposited earlier in the month by Larkspur as a payment on account by a new customer RBC had added an additional charge of $32 for processing the NSF cheque. Because the customer was new, Larkspur warned the customer that any NSF charges would be added to the amount owing from the Art Version 1.34.211