The bank portion of the bank reconciliation for Rintala Ltd. at November 30, 2017, was as follows.

The adjusted cash balance per bank agreed with the cash balance per books at November 30.
The December bank statement showed the following checks and deposits.

The cash records per books for December showed the following.

The bank statement contained two memoranda:
1. A credit of £3,645 for the collection of a £3,500 note for Rintala plus interest of £160 and less a collection fee of £15. Rintala has not accrued any interest on the note.
2. A debit of £572.80 for an NSF check written by D. Chagnon, a customer. At December 31, the check had not been re-deposited in the bank.
At December 31, the cash balance per books was £12,485.20, and the cash balance per the bank statement was £20,154.30. The bank did not make any errors, but two errors were made by Rintala.
Instructions
(a) Using the four steps in the reconciliation procedure, prepare a bank reconciliation at December 31.
(b) Prepare the adjusting entries based on the reconciliation.

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RINTALA LTD Bank Reconciliation November 30, 2017 Cash balance per bank Add: Deposits in transit £14,367.90 2,530.20 16,898.10 Less: Outstanding checks Check Amount Check Number 3451 3470 3471 3472 3474 £2,260.40 720.10 844.50 1,426.80 1,050.00 6,301.80 £10,596.30 Adjusted cash balance per bank 00-90 0 7 1525765-2 632-5 IN 5 2 3 6 9 5801 21222221-8 61690 12223 D22222222。 0 4587 0 1064154 2 11123 11256790235 1-577, 7 7 7 7 8 8 8 8 057 it 127 122222222222 2 Cash Receipts Journal Cash Pavments Journal Date Number Amount Date Number Amount Date Amount 12-13475 £1,640.70 12-20 3482 475.50 12-3 12-2 3476 12-23477 12-4 12-8 3479 12-10 3480 12-17 3481 1,211.60 2,365.10 2,672.70 450.8012-20 2,954.00 12-25 2,567.30 2,836.00 1,025.00 1,190.40 Total £16,822.10 1,140.0012-7 1,300.00 12-22 3483 2,130.00 12-23 3484 621.30 12-24 3485 3,080.00 12-30 3486 798.0012-15 3478 600.00 Total 807.40 1,889.50 £14,933.20 12-28 12-30 12-31