The Pharoah Boat Company's bank statement for the month of November showed a balance per bank of $8,900. The company's Cash account in the general ledger had a balance of $6,269 at November 30. Other information is as follows: (1) Cash receipts for November 30 recorded on the company's books were $6,390 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $50 for check printing charges. (3) Check No. 119 payable to Oriole Company was recorded in the cash payments journal and cleared the bank for $257. A review of the accounts payable subsidiary ledger shows a $18 credit balance in the account of Oriole Company and that the payment to them should have been for $275. (4) The total amount of checks still outstanding at November 30 amounted to $6,990. (5) Check No. 138 was correctly written and paid by the bank for $409. The cash payment journal reflects an entry for Check No. 138 as a debit to Accounts Payable and a credit to Cash in Bank for $490. (6) The bank returned an NSF check from a customer for $670. (7) The bank included a credit memorandum for $2,670 which represents a collection of a customer's note by the bank for the company; the principal amount of the note was $2,539 and interest was $131. Interest has not been accrued. PHAROAH BOAT COMPANY Bank Reconciliation For the Month Ended November 30, Cash Balance Per Bank 8900 Add : Deposit in Transit 6390 15290 Less *): Outstanding Checks 6990 i Adjusted Cash Balance Per Bank - 8300 Cash Balance Per Books 6269 Add Accounts Payable Error 81 Collection of Note and Interest 2670 2751 9020 Less 4 Check Printing 50 NSF Check 670 i 720 i Adjusted Cash Balance Per Books 8300 Prepare any adjusting entries necessary as a result of the bank reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Nov. 30 Cash Accounts Payable (To correct error in recording) 30 Notes Receivable 2539 Interest Receivable 131 2670 (To record collection of note receivable and interest by the bank) 30 Cash 50 (To record check printing charges) 30 Accounts Receivable 670 Cash 670 670 (To record NSF check)