Required:$1.$Journalize the selected transactions, starting on page $21$ of the journal.$*2.$Based on the following data, prepare a bank reconciliation for December of the current year:$**$

a$.$Balance according to the bank statement at December $31,$ $$283,000.$b$.$Balance according to the ledger at December $31,$ $$245,410.$c$.$Checks outstanding at December $31,$ $$68,540.$d$.$Deposit in transit, not recorded by bank, $$29,500.$e$.$Bank debit memo for service charges, $$750.$f$.$A check for $$12,700$ in payment of an invoice was incorrectly recorded in the accounts as $$12,000.**$Be sure to complete the statement heading. Refer to the Labels and Amount Descriptions for the exact wording of text entries. $$Add:$$ or $$Deduct:$$ will automatically appear if it is required. Whenever there is more than one adjusting item in the bank portion of the reconciliation or the general ledger portion of the bank reconciliation, enter in the order presented in the instructions. Enter all amounts as positive numbers.