Question: Please explain your answer. Thank you! Learning Objective 6 E7-21 Preparing a bank reconciliation Hardy Photography's checkbook lists the following: 1. Adjusted Balance $1,137 Date

 Please explain your answer. Thank you! Learning Objective 6 E7-21 Preparinga bank reconciliation Hardy Photography's checkbook lists the following: 1. Adjusted Balance

Please explain your answer. Thank you!

Learning Objective 6 E7-21 Preparing a bank reconciliation Hardy Photography's checkbook lists the following: 1. Adjusted Balance $1,137 Date Check No. Item Check Deposit Balance Nov. 1 $ 500 455 $ 135 Quick Mailing Service Revenue Photo Supplies Utilities 590 505 460 410 623 624 625 626 627 18 26 28 Cash Office Supplies Upstate Realty Co. Service Revenue 300 10 1,245 1,235 Hardys November bank statement shows the following: Hardy's November bank statement shows the following: Balance Deposits Checks: $ 500 135 No. 622 623 624 625 Amount $ 45 85 105* 50 (285) Other charges: Printed checks Service charge Balance 25 (48) $ 302 *This is the correct amount for check number 624. Requirements 1. Prepare Hardy Photography's bank reconciliation at November 30, 2018. 2. How much cash does Hardy actually have on November 30, 2018? 3. Journalize any transactions required from the bank reconciliation

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