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The cash account for Coastal Bike Co. at October 1,20Y9, indicated...

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Accounting

The cash account for Coastal Bike Co. at October 1,20Y9, indicated a balance of $32,527. During October, the total cash deposited was $139,121, and checks written totaled $135,890. The bank statement indicated a balance of $43,660 on October 31,20Y9. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items:
a. Checks outstanding totaled $6,625.
b. A deposit of $1,888 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. $5,250 on a note left for collection. The face of the note was $5,000.
d. A check for $260 returned with the statement had been incorrectly charged by the bank as $620.
e. A check for $410 returned with the statement had been recorded by Coastal Bike Co. as $140. The check was for the payment of an obligation to Rack Pro Co. on account.
f. Bank service charges for October amounted to $37.
g. A check for $1,418 from Bay View Condos was returned by the bank due to insufficient funds.
Required:
Prepare a bank reconciliation as of October 31,20Yg.
Journalize the necessary entries.
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