Question #$3$: $30$ Points chapter $7$

The cash transactions and cash balances of Abkenari Cellers Inc for January were as follows:

$1-$ Abkenari Celler's account for cash showed a balance of $$123,995$ on January ${31}^{st}.$

$2-$ The January bank statement showed a closing balance of $$132,750$ for January

$3-$ The cash received on Jan ${31}^{st}$ amounted to $$22,125.$ It was left at the bank in the night deposit chute after banking hours and not recorded in the January bank statement

$4-$ Also included in January bank statement was a debit memo from the bank for $$75$ for January service charge

$5-$ A credit memo was in the January bank statement from a noninterest bearing note receivable for $$22,000$ that had been collected and credited to the account

$6-$ Comparison of the paid checks returned by the bank revealed that check no $121$ for $$620$ issued in Jan ${15}^{th}$ had been erroneously entered in Abkenari's Celler's records as $$430$

$7-$ Further examinations revealed that three checks numbers $138,142$ and $149$ for $$1,890,$$$4,210$ and $$5,075($in that order$)$ all written in January, had not yet been paid by the bank.

$8-$ Included with the January bank statement was a $$2,030$ check written by a customer that was marked as NSF$.$ This check had been included in the January deposits in the company.

$($A$)$: Prepare a bank reconciliation for the company of Jan ${31}^{st}$

$($B$)$: Prepare Journal entries to adjust the accounts at Jan ${31}^{st}$

$($C$)$: How much cash should be reported on the balance sheet after January ${31}^{st}$ after closing?