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Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed...

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Accounting

imageimageimageimage Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $6,659. b. A deposit of $1,875 representing receipts of October 31 had been made too late to appear on the bank statement. c. The bank had collected for Coastal Bike Co. $6,195 on a note left for collection. The face of the note was $5,900. d. A check for $170 returned with the statement had been incorrectly charged by the bank as $710. e. A check for $310 returned with the statement had been recorded by Coastal Bike Co. as $130. The check was for the payment of an obligation to Rack Pro Co. on account. f. Bank service charges for October amounted to $24. g. A check for $1,213 from Bay View Condos was returned by the bank due to insufficient funds. Required: 1. Prepare a bank reconciliation as of October 31,20 Y9. 2. Journalize the necessary entries. 3. If a balance sheet were prepared for Coastal Bike Co. on October 31,20Y9, what amount should be reported as cash? Bank Reconciliation Instructions 2. Journalize the necessary entries. 3. If a balance sheet were prepared for Coastal Bike Co. on October 31,20Y9, what amount should be reported as cash

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