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October 31.2020 , the bank statement for Malone Ltd had an ending balance of $4,250. According to Malone's general fedger, the bank account was $3,434 as of the -same date. The following additional data was avallable a) The company had made a deposit in the night box of $1,200 on October 31 after the branch was closed. b) There was an outstanding cheque of $2.718 on October 31 . C) The October bank service fee of $52 is deducted on the bank statement, but, has not been recorded in the General Ledger. d) Rent of $650 for the month of October was withdrawn from Malone's bank account and not yet recorded by Malone. Required (proper formatting is not required): 1. Prepare the October bank reconciliation for Malone Ltd. ( 6 marks). 2. Prepare the journal entries to record the adjustments (4 marks). Required (proper formatting is not required): 1. Prepare the October bank reconciliation for Malone Ltd. (6 marks). 2. Prepare the journal entries to record the adjustments ( 4 marks). Answer to Part 1 - Bank Reconciliation \begin{tabular}{|l|l|} \hline & Malone Ltd \\ \hline & Bank Reconciliation \\ \hline AT October 31,2020 \\ \hline Balance per bank statement & \begin{tabular}{l} Balance per General \\ Ledger (GL) \end{tabular} \\ \hline Reconcied balance & \\ \hline \end{tabular} . - Aluetina inurnal entries

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