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Questio O WORDS POWERED BY TINY P 12 points Save Awer QUESTION 32 The bank statement for Allen Co. indicates a balance of $8,000.00 on

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Questio O WORDS POWERED BY TINY P 12 points Save Awer QUESTION 32 The bank statement for Allen Co. indicates a balance of $8,000.00 on June 30, 20Y4. After the journals for June had been posted, the cash account had a balance of $3,675,00. Prepare a bank reconciliation on the basis of the following reconciling items: (a) Cash sales of $342 had been erroneously recorded in the cash receipts journal as $324. (b) Deposits in transit not recorded by bank, $500.00 (c) Bank debit memorandum for service charges, $25.00 (d) Bank credit memorandum for note collected by bank. $2,850, including $50 interest (Note: the $2,850 in cash collected contains the $50 of interest) (e) Bank debit memorandum for $218.00 NSF check from Alice Bell, a customer. Checks outstanding, $2.200.00 Prepare the bank reconciliation for Allen Co as of June 30, 20Y4, and then record the appropriate journal entries that would be necessary For the too. ALT 10 PCIO ALTAN-10 BTU $ Paragraph Aral 1001 4TH MO SAW Sore and Sub wote wawim Chow C MacBook Air 80 000 000 II 910 FM 13 2

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