Use the following to answer questions 21 - 25 The Company's cash ledger reports the following for the month ending October 31, 2018 No. Deposits Date 3-Oct 10-Oct 17-Oct 24-Oct Cash receipts 10/26 -10/27 Amount $18,500 44,500 32,500 29,300 14,000 $138,800 1151 1152 1153 1154 1155 1156 1157 Checks Date Amount 4-Oct $30,000 6-Oct 7,500 15-Oct 40,000 16-Oct 3,200 20-Oct 29.000 22-Oct 10,000 29-Oct 30,000 $149,700 Balance on October 1 $25,600 Receipts 138,800 Disbursements 149,700 Balance on October 31 $14.700 Information from October's bank statement and company records reveals the following additional Information: a) The ending cash balance shown on the bank statement is $41,043 b) Cash receipts of $14,000 from 10/26-10/27 are outstanding c) Checks 1156 and 1157 are outstanding, d) The deposit on 10/24 includes a customer's check for $4,300 that did not clear the bank (NSF check). e) Check 1154 was written for $2,300 for a computer purchased in October. The bank properly recorded the check for this amount An automatic withdrawal for November rent was made on October 29 for $4,500. B) The company's checking account earns interest based on the average daily balance. The amount of interest earned for October is $18. ) Last year, one of the company's customers requested their A/R be converted to a Note Receivable (they owed $8,000 to the company). On October 29th, the customer paid $8,300 ($8,000 note amount plus $300 interest) directly to the bank in payment for the amount they owed the company. The bank charged the following service fees: $25 for NSF check and $50 account maintenance fee. Prepare a bank reconciliation for October 31, 20XE to assist answering the questions following 21. $ of the total checks written during the month, what amount should be deducted from the bank balance during reconciling the bank account? Of the cash receipts, what amount should be added to the bank balance during reconciling 22. $ the bank account? Chapter 4 Page 4-3