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Shown is the information needed to prepare a bank reconciliation for Warren Electric at December 31.

Shown is the information needed to prepare a bank reconciliation for Warren Electric at December 31.

 
        At December 31, cash per the bank statement was $15,200; cash per the company's records was $19,000.

    Two debit memoranda accompanied the bank statement: service charges for December of $24, and a $825 check drawn by a customer, Jane Jones, marked NSF.

    Cash receipts of $10,000 on December 31 were not deposited until January 4.

    The following checks had been issued in December but were not included among the paid checks returned by the bank: no. 620 for $800, no. 630 for $2,800, and no. 641 for $3,449.

 


  

a. Prepare a bank reconciliation at December 31.

b. Prepare the necessary journal entry or entries to update the accounting records.

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