You've been asked to prepare the book-to-bank reconciliation for Dine-Corp International. You have been given the follow information. For full credit, prepare the bank reconciliation and describe what the company should do with the reconciling items.

You've been asked to prepare the book-to-bank reconciliation for Dine-Corp International. You have been given the follow information. For full credit, prepare the bank reconciliation and describe what the company should do with the reconciling items. Cash balance per bank, April 30, Year 1 $8,587 6,624 Cash balance per general ledger, April 30, Year 1 Outstanding checks, April 30, Year 1 2,415 998 Deposit in transit, April 30, Year 1 EFT payment from a customer for a payment on account per bank statement 600 April interest fee per bank statement Check no. 1234 in payment of accounts payable cleared the bank for $900, but was erroneously recorded in the books at $600 Deposit in amount of $15,734, recorded properly on books, erroneously credited on bank statement as $16.000