Question: Solve for problem BE7-12 please The following reconciling items are applicable to the bank reconciliation for Ellington Company: outstanding checks, bank debit memorandum for service

Solve for problem BE7-12 please Solve for problem BE7-12 please The following reconciling items are applicable

The following reconciling items are applicable to the bank reconciliation for Ellington Company: outstanding checks, bank debit memorandum for service charge, bank credit memorandum for collecting a note for the depositor, and deposits in transit. Indicate how each item should be shown on a bank reconciliation. Using the data in BE7-11, indicate the items that will result in an adjustment to the depositor's records and why the other items do not require adjustment

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