Problem $4-2$B $($Algo$)$ Prepare the bank reconciliation and record cash adjustments $($LO$4-5)$

On October $31,2024,$ the bank statement for the cash account of Cousins Video shows a balance of $$12,818,$ while the company's records show a cash balance of $$12,326.$ Information that might be useful in preparing a bank reconciliation is as follows:

a$.$ Outstanding checks are $$1,225.$

b$.$ The October $31$ cash receipts of $$780$ are not deposited in the bank until November $2.$

c$.$ The EFT payment for utilities of $$136$ is correctly recorded by the bank but is recorded by Cousins as a disbursement of $$163.$

d$.$ In accordance with prior authorization, the bank withdraws $$449$ directly from the account as payment on a note payable. The interest portion of that payment is $$49$ and the principal portion is $$400.$ Cousins has not recorded the direct withdrawal.

e$.$ Bank service fees of $$23$ are listed on the bank statement.

f$.$ A deposit of $$566$ is recorded by the bank on October $13,$ but it did not belong to Cousins. The deposit should have been made to the account of Hollybuster Video, a separate company.

g$.$ The bank statement includes a charge of $$74$ 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:

Prepare a bank reconciliation for the Cousins checking account on October $31,2024.$

Record the necessary cash adjustments.

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Required $2$

Prepare a bank reconciliation for the Cousins checking account on October $31,2024.($Amounts to be deducted should be indicated with a minus sign.$)$