You have been asked by Simmons Company to reconcile the cash account balance of $34,754 at 12/31/19. You have obtained the following information:

The 12/31/19 bank statement shows a beginning balance of $38,783, receipts of $229,832, disbursements of $226,625, and an ending balance of $41,990.

There were deposits of $11,450 on 11/30/19 that did not reach the bank until December. On 12/31/19, deposits of $10,900 were mailed to the bank.

The list of outstanding checks totaled $29,831 at 11/30/19 and $33,450 at 12/31/19.

On 11/15/19, the bank made an error charging Simmons for a $1,000 withdrawal that should have been deducted from the account of Simmands Company. Simmons has notified the bank and is waiting for the bank to correct the error.

On 12/20/19, Simmons wrote a check for $415.30, but recorded it as $451.30. The check cleared the bank in December.

Simmonss 12/22/19 deposit for $11,930 was recorded in the books as $19,330.

The bank statement showed that deposited checks totaling $6,520 were dishonored (NSF) during December.

Interest on a bank loan for the month of December charged by the bank but not recorded on the books amounted to $355.

9. The bank charged Simmons a $75 service charge for December. Required:

Prepare a bank reconciliation for Simmons, determining the correct cash balance.

Prepare the journal entries required by Simmons at 12/31/19.

(c) What cash amount will appear on Simmonss balance sheet at 12/31/19?