Your supervisor, the Controller at LogiCom West, Ltd., has asked you to reconcile the companys checking account as of October 31, Year 22. You have gathered the following information:

a. The unadjusted account balance per the companys First-Second bank statement is $415.650.50

b. The bank posted LogiComs deposit in the amount of $16,813.31 made on October 20, Year 2, to the account LogiCorp, Inc.

c. First-Second collected for LogiCom a note receivable from Jedi North in the amount of $42,000 as well as the related interest in the amount of $3,500. The bank charged a fee of $50 for its collection services.

d. LogiCom recorded check #855008 for consulting services in its records for $21,783.61. The actual (and correct) amount of the check was $27,813.61.

e. First-Second recorded check #855134 in the amount of $65,433.44 rather than its actual amount, $67,233.44.

f. First-Second returned a check deposited by LogiCom in the amount of $24,066.30. LogiComs customer, Deltrona Corp., had given LogiCom the check to settle its account payable. The bank charged LogiCom a fee of $99.00 to process the check.

g. LogiComs unadjusted book cash balance is $426,954.52.

h. First-Second charged LogiCom its usual monthly service charge of $75.00

i. As of 10/31/Year 22, First-Second had not processed LogiComs 10/30/Year 22 deposit for $32,207.53 or its 10/31/Year 22 deposit for $11,567.91.

j. LogiComs checks #855133 for $14,26523, #855227 for $1,106.88, #855229 for $641.44, and #8552331 for $16,291.48, which were written and mailed in October, had not yet cleared the bank.

A. Prepare the October Year 22 bank reconciliation in good form.

B. Prepare in good form the journal entry required as the result of the bank reconciliation.