The second debit memorandum is a $90 charge for check printing. Severino did not record these transactions before receiving the statement. a A credit memorandum indicates that the bank collected $19,000 cash on a note receivable for the company, deducted a $20 collection fee, and credited the balance to the company's Cash account. Severino did not record this transacb'on before receiving the statement. a Severino's December 31 daily cash receipts of $0,583.10 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 reconciliab'on for mis company as of December 3 1, 2015. 1 Prepare the journal entries {in dollars and cents} necessary to bring the company's book balance of cash into conformity with the reconciled cash balance as of December 3 1, 2015. Analysis Uomponent 1 Explain the nature of the communications conveyed by a bank when the bank sends the depositor {a} a debit memorandum and [b] a credit memorandum. Check {1] Reconciled balance, $51,00 5.00: {2} Cr. Notes Receivable $10,000.00