Question: Question C 1 ( continued ) Part IIThe cash ledger account of Rich Company ( Rich ) showed a debit balance of $ 2 1

Question C1(continued)Part IIThe cash ledger account of Rich Company (Rich) showed a debit balance of $21,110 as at 31December 2022. However, the bank statement of the company as at 31 December 2022 showedcash balance of $20,647. The following additional information is found:(1) An amount of $80 was deducted from the companys bank account by mistake.(2) The bank statement showed a $200 bank charge was deducted in December 2022.(3) A $953 check that was mailed to the bank for deposit did not reach the bank on 31December 2022.(4) Rich compared the checks paid by the bank as shown on the bank statement against thechecks written in its book. It found that three checks written by Rich in the amount of $220,$360 and $670 were not found in the bank statement.(5) The bank statement showed a $320 interest earned for the month of December 2022.(6) During December 2022 a customer issued a check number 944 in the amount of $800 tosettle an outstanding account due to Rich. The check was deposited by Rich on 20December 2022 but the December bank statement showed this check was eventuallyreturned by the bank and marked NSF.Required:Prepare the Bank Reconciliation Statement for the month of December 2022.

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