On December 31 the bank statement of John's company reports a balance of 98.654, whereas...

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On December 31 the bank statement of John's company reports a balance of € 98.654, whereas the cash ledger account of the company shows a balance of €94.247 The company provides you with the following information: The bank statement shows bank service fees of €80 charged directly on the company's account. Also, some clients paid their invoices for €7.865 A check issued by client Mr. Goodday for €1.308 has been refused has the client has no money in his bank account. A deposit of €4,612 made by the company has not reached the bank yet The company paid some supplies for €3.542 by check that has not reached the bank yet. A check for payment of a new machinery correctly written €12.000 has been wrongfully recorded by the accountant for €11.000 1. Proceed to the bank reconciliation (10 points) 2. Record the journal entries (15 points) On December 31 the bank statement of John's company reports a balance of € 98.654, whereas the cash ledger account of the company shows a balance of €94.247 The company provides you with the following information: The bank statement shows bank service fees of €80 charged directly on the company's account. Also, some clients paid their invoices for €7.865 A check issued by client Mr. Goodday for €1.308 has been refused has the client has no money in his bank account. A deposit of €4,612 made by the company has not reached the bank yet The company paid some supplies for €3.542 by check that has not reached the bank yet. A check for payment of a new machinery correctly written €12.000 has been wrongfully recorded by the accountant for €11.000 1. Proceed to the bank reconciliation (10 points) 2. Record the journal entries (15 points)