You are doing the first-year audit of the University and have been assigned responsibility for doing a four-column proof of cash for the month of December 2021. You obtain the following information:

1. Balance per books	November 30 December 31	$14,944 $6,510
2. Balance per bank	November 30 December 31	$8,321 $10,646
3. Outstanding checks	November 30 December 31	$2,308 $2,931
4. Cash receipts for November	Per bank Per books	$31,225 $18,694
5. Deposits in Transit	November 30 December 31	$8,931 $1,150

6. Interest on a bank loan for the month of December, charged by the bank but not recorded was$275. 7. Proceeds on a note of Company XYZ were collected by the bank of December 27 but were not entered on the books

Principal $4,000 + Interest $500 = $4,500

8. On December 24, a $895 check of the Theory Company was charged to the University account by the bank in error. 9. Dishonored checks are not recorded on the books unless they permanently fail to clear the bank. The bank treats them as disbursements when they are dishonored and deposits when they are redeposited. Checks totaling $1,225 were dishonored in December and $250 was redeposited in December and $975 in January.

Requirements: a. I need a four-column proof of cash for the month ended December 31. It should show both adjusted and unadjusted cash.

b. I need all adjusting entries.