Insert Draw Page Layout Formulas Data Review View X Calibri (Body) 11 % V = ab JUUL BIU a A v V E B C D E F On December 31, Surat's Warehouse received a bank statement containing a balance of $19,500. The balance in the firm's checkbook and Cash account on the same date was $20,580. The difference between the two balances is caused by the items listed below. a. A $5,750 deposit made on December 30 does not appear on the bank statement. b. Check 1312 for $970 issued on November 29 and Check 1375 for $3,300 issued on December 30 have not yet been paid by the bank. c. A credit memorandum shows that the bank has collected a $2,200 note receivable and interest of $220 for the firm. d. A service charge of $50 appears on the bank statement. e. A debit memorandum shows an NSF check for $1,050. (The check was issued by R. Donnelley, a credit customer.) 1. The firm's records indicate that Check 1316 of December 1 was issued for $1,800 to pay the month's rent. However, the canceled check and the listing on the bank statement show that the actual amount of the check was $1,600. g. The bank made an error by deducting a check for $1,120 issued by another business from the balance of the account of Designer's Warehouse. Instructions: Page 1 1. Prepare a bank reconciliation statement for the firm as of December 31, 2016. 2. Record entries for any items on the bank reconciliation statement that must be journalized. Date the entries December 31, 2016. Calibri (Body) v 11 v A A = 10 11 Tili BIU av Av IML x v fx B C 12/31/16 Surrat Warehouse Bank Reconciliation Balance on Bank Statement Additions subtotal Deductions for outstanding checks Total outstanding Checks Adjusted Bank Balance Surants Books Balance in Books Additions SubTotal Deductions SubTotal Adjusted Book Balance 48 49 Adjusting Entries Accounts Debits Credits Page 2 50 51 Date 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 An Petty Cash Bank Rec +