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On October 31, 2021, Ivanhoe Company had a cash balance per books of $8,967. The bank statement on that date showed a balance OF $10,164. A comparison of the statement with the Cash account revealed the following 1 2 3 4 5. The statement included debit memos of $44 for the printing of additional company cheques and $39 for bank service charges Cash sales of $417 on October 12 were deposited in the bank. The journal entry to record the cash receipt and the deposit slip were incorrectly made out and recorded by Ivanhoe as $741. The bank detected the error on the deposit slip and credited Ivanhoe Company for the correct amount. The September 30 deposit of $994 was included on the October bank statement. The deposit had been placed in the bank's night deposit vault on September 30. The October 31 deposit of $969 was not included on the October bank statement The deposit had been placed in the bank's night deposit vault on October 31. Cheques #1006 for $424 and #1072 for $984 were outstanding on September 30. Of these, #1072 cleared the bank in October. All the cheques written in October except for #1278 for $554, #1284 for $644, and #1285 for $324 had cleared the bank by October 31 On October 18, the company issued cheque #1181 for $568 to Helms & Co on account. The cheque, which cleared the bank in October, was incorrectly journalized and posted by Ivanhoe Company for $685 A review of the bank statement revealed that Ivanhoe Company received electronic payments from customers on account of $1,884 in October. The bank had also credited the account with $34 of interest revenue on October 31: Ivanhoe had no previous notice of these amounts. Included with the cancelled cheques was a cheque issued by Lasik Company for $594 that was incorrectly charged to Ivanhoe Company by the bank On October 31, the bank statement showed an NSF charge of $814 for a cheque issued by W. Houd, a customer to Ivanhoe Company on account. This amount included a $25 service charge by the bank. The company's policy is to pass on all NSF fees 6. 7 8. 9. to the customer Prepare the bank reconciliation at October 31. (ust items that increase balance as per bonk & books first) IVANHOE COMPANY Bank Reconciliation October 31, 2021 > $ >

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