In connection with an audit you are given the following worksheet:

Bank Reconciliation December 31, 2011

Balance per ledger December 31, 2011 $27,463.85

Add:

Cash receipts received on the last day of December and Night deposited $5,175.27

Debit memo for customer's check returned, unpaid (check Is on hand but no entry has been made on books) $450.00

Debit memo for bank service charge for December $110.00

= $33.199.12

Deduct:

Checks drawn but not paid by bank (see detailed list below) ($3,619.15)

Credit by bank in error amount not for us ($4,500.00)

Credit memo for proceeds of a note receivable that had Been left at the bank for collection but which has notBeen recorded as collected ($1,200)

Checks for an accounts payable entered wrongly on books as $297.50 but drawn and correctly paid by bank as $927.50 ($630.00)

Computed balance $23,249.97

Unlocated difference $6,670.44

Balance as per bank Dec 31 (checked to confirmation) $29,920.41

Checks drawn but not paid by bank

No.

571 $267.27

724 $39.92

901 $454.67

907 $291.80

911 $648.29

912 $737.52

914 $529.10

916 $36.00

917 $117.26

= $3,619.15

• Prepare a corrected reconciliation
• Prepare entries for items that should be adjusted prior to closing the books