White Water Kayak Company's bank statement for the month of September showed a balance per bank of $6, 900. The company's Cash account in the general had a balance of $5, 573 at September 30. Other information is as follows: (1) Cash receipts for September 30 recorded on the company's books were $5.850 but this amount does not appear on the bank statement. (2) The bank statement shows a debit memorandum for $25 for check printing charges. B) The total amount of checks still outstanding at September 30 amounted to $4, 800. Check No. 148 was correctly written and paid by the bank for $408. The cash payment journal reflects an entry for Check No. 148 as a debit to Accounts Payable and a credit to Cash in Bank for $480. The bank returned an NSF check from a customer for $340. The bank included a credit memorandum for $2, 670 represents collection of a customer's note by the bank for the company, principal amount of the note was $2.600 and interest was $70. Interest has not been accrued. Instructions (a) Prepare a bank reconciliation for White water Kayak Company at September 30. (b) Prepare any adjusting entries necessary as a result of the bank reconciliation. The December 31, 2015 balance sheet of Barone Company had Accounts Receivable of $400,000 and a credit balance in Allowance for Doubtful Accounts of $32,000. During 2016, the following transactions occurred sales on account $1, 500,000, sales returns and allowances, $50,000; collections from customers, $1, 250,000; accounts written off $36,000, previously written accounts of $6,000 were collected. Instructions (a) Journalize the 2016 transactions. (b) Post those transactions to the Accounts Receivable and the Allowance Accounts. If the company uses the percentage of receivables basis to estimate bad debt expense a determines that uncollectible accounts are expected to be 8% of accounts receivable, what the adjusting entry at December 31, 2016