00 On October 31, 2024, the bank statement for the cash account of Bellevue Incorporated shows...

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00 On October 31, 2024, the bank statement for the cash account of Bellevue Incorporated shows a balance of $12,694, while the company's records show a cash balance of $12,316. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1,215. b. The October 31 cash receipts of $770 are not deposited in the bank until November 2 c. The EFT payment for utilities of $134 is correctly recorded by the bank but is recorded by Bellevue as a disbursement of $143. d. In accordance with prior authorization, the bank withdraws $547 directly from the account as payment on a note payable. The interest portion of that payment is $47 and the principal portion is $500. Bellevue has not recorded the direct withdrawal. e. Bank service fees of $21 are listed on the bank statement. f. A deposit of $564 is recorded by the bank on October 13, but it did not belong to Bellevue. The deposit should have been made to the account of Hollybuster Video, a separate company. g. The bank statement includes a charge of $72 for an NSF check from a customer. The check is returned with the bank statement, and the company will seek payment from the customer. Required: 1. Prepare a bank reconciliation for the Bellevue checking account on October 31, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. W Required 1 Required 2 Prepare a bank reconciliation for the Bellevue checking account on October 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) Bank's Cash Balance Per bank statement BELLEVUE, INCORPORATED Bank Reconciliation October 31, 2024 Per general ledger Company's Cash Balance 00 On October 31, 2024, the bank statement for the cash account of Bellevue Incorporated shows a balance of $12,694, while the company's records show a cash balance of $12,316. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1,215. b. The October 31 cash receipts of $770 are not deposited in the bank until November 2 c. The EFT payment for utilities of $134 is correctly recorded by the bank but is recorded by Bellevue as a disbursement of $143. d. In accordance with prior authorization, the bank withdraws $547 directly from the account as payment on a note payable. The interest portion of that payment is $47 and the principal portion is $500. Bellevue has not recorded the direct withdrawal. e. Bank service fees of $21 are listed on the bank statement. f. A deposit of $564 is recorded by the bank on October 13, but it did not belong to Bellevue. The deposit should have been made to the account of Hollybuster Video, a separate company. g. The bank statement includes a charge of $72 for an NSF check from a customer. The check is returned with the bank statement, and the company will seek payment from the customer. Required: 1. Prepare a bank reconciliation for the Bellevue checking account on October 31, 2024. 2. Record the necessary cash adjustments. Complete this question by entering your answers in the tabs below. W Required 1 Required 2 Prepare a bank reconciliation for the Bellevue checking account on October 31, 2024. (Amounts to be deducted should be indicated with a minus sign.) Bank's Cash Balance Per bank statement BELLEVUE, INCORPORATED Bank Reconciliation October 31, 2024 Per general ledger Company's Cash Balance