Information from Sheppard Picture Frames’ cash account as well as the November bank statement is presented next.

Requirements 1. Prepare the bank reconciliation on November 30.
2. Prepare all necessary journal entries for Sheppard Picture Frames to update the Cash account as a result of the bank reconciliation.

Transcribed Image Text:

Bank Statement: Bal, Nov 1 Deposits: EFT-rent Cash Nov 1 Nov 30 2,100 Check #210 60 2,000 Check #211 400 Check #212 137 Check #213 310 Check #214 180 Pre-adjusted Bal @ Nov 30 3.013 $ 2,100 750 Checks: No. Amount 210 600 211 400 212 137 (1,137) Other Charges: Service charge $ 30 Check printing 16 NSF check # 201 80 (126) Bal, Nov 30 $ 1,587