The president of The Parkview Company suspects the bookkeeper is embezzling cash from the company. She asks you, confidentially, to look over the bank reconciliation that the bookkeeper has prepared to see if you discover any discrepancies between the books and the bank statement. She provides you with the Cash account from the general ledger, the bank statement, and the bank reconciliation as of December 31 Click the icon to view the December bank statement.) : (Click the icon to view the December cash activity.) E: (Click the icon to view the December bank reconciliation.) A (Click the icon to view additional information.) Read the requirement. First prepare the corrected bank reconciliation. (Include the balances at December 31 in each of the addition subtotal calculations. If a box is not used in the table, leave the box empty; do not select a label or enter a zero. Abbreviations used: EFT = electronic funds transfer; NSF = non-sufficient funds) Parkview Company Bank Reconciliation (Corrected) December 31 Bank Books Balance, 12/31 Balance. 12/31 Add Add: I III Subtotal Subtotal Less: Less: Adjusted bank balance Adjusted book balance x Data Table - X Data Table Data Table Bank Statement for December 31 General Ledger $ 3,750 Cash Parkview Company Bank Reconciliation December 31 Bal 12/1 9,714 Bal 12/1 Deposits Dec 1 8 $ 1.285 Bank Books 2.100 2,100 4,165 5,300 $ $ Cash receipt 12/7 Cash receipt 12/15 Cash receipt 12/23 Cash receipt 12/30 13.800 Balance, 12/31 Add: 16 4,165 4,469 Balance, 12/31 Add: 6,650 EFT receipt from customer 24 2,300 650 No. 1884 1,284 Deposits in transit 52 Interest 31 3 No. 1885 Subtotal 11.119 3 Interest revenue 52 EFT 31 No. 1886 No. 1887 1,310 660 2.455 Less: 13,855 Total deposits 9.905 Subtotal Less: Checks and other debits: INo. 1888 Outstanding checks No. 1560 1,011 $ 190 Book error 3,000 No. 1880 554 No. 1889 415 No. 1901 150 770 828 166 No. 1882 116 No. 1901 828 No. 1902 (3,920) NSF check (1,184) EFT payment of utilities 9,935 Adjusted book balance No. 1883 461 No. 1902 166 $ 9,935 Adjusted bank balance No. 1884 1.284 Bal 12/31 13,800 No. 1885 1.310 Print Done 660 Print Done No. 1886 No. 1887 No. 1888 2.455 1,011 415 More Info No. 1889 NSF 150 770 EFT Total checks and other debits (9,186) You learn from the November bank reconciliation that the following checks were outstanding on November 30: No. 1560 for $190, No. 1880 for $554, No. 1882 for $116, and No. 1883 for $461. There was one deposit in transit on November 30 for $1,285. An examination of the actual deposit slips revealed no bank errors. Assume the cash deposit of $2,300 on December 24 is the correct amount. The January bank statement showed that a $650 deposit cleared the bank on January 2. $ 4.469 Bal 12/31 Explanations: EFT-electronic funds transfer, NSF-nonsufficient funds Print Done Print Done