46 the information below was used to prepare a bank reconciliation for pumpkin farm 4310646

46) The information below was used to prepare a bank reconciliation for Pumpkin Farm Company. for October 31. Use the information to prepare any necessary journal entries as of October 31. NOTE: It is NOT necessary to prepare a bank reconciliation.

•Adjusted bank balance as of October 31 was $8,765.

•Outstanding checks totaled $1,433.

•A customer's check for $854 was returned for NSF.

•March's service charge was $85.

•Bank collected $1,600 from a customer of Pumpkin Farm in payment of a note receivable, including interest of $100.

•A new bookkeeper had problems posting checks and recording cash receipts:

1.Check # 930 for Salaries Expense written for $430, recorded as $930.

2.A deposit for $2,300 for a sale on October 15 was not recorded by the bookkeeper since she was in a hurry to go to lunch.

•A deposit was made by the company for $900. This was the correct amount, however, the bank made a mistake and recorded the deposit as $890.

•Deposits made at month-end totaled $4,516; these were not shown on bank statement.

47) Use the information below to prepare a bank reconciliation for Doggy Day Care Company for the month of January.

•Outstanding checks as of January 30 amounted to $2,704.

•Deposits in transit as of January 30 amounted to $1,879.

•The ending balance per the January bank statement is $36,482.

•The bank statement shows that Doggy Day Care earned $150 of interest on its bank balance for the month of January.

•The bank mistakenly recorded a deposit of $2,800 as $280 on January 15.

•The Doggy Day Care pays its insurance of $986 by EFT.

•Bank collected a note, for $3,000.

•There was a NSF check on the bank statement for $368

•The ending cash balance per the books for January before any adjustments was $36,381.