P8.5 (LO 3), AP The bank portion of the bank reconciliation for Langer Company at November 30, 2022, was as follows. Cash balance per bank Add: Deposits in transit Date 12-1 12-2 Less: Outstanding checks 12-2 12-4 12-8 12-10 12-17 3451 3470 3471 3472 3474 Adjusted cash balance per bank Date 12-1 12-2 12-7 12-4 12.8 12-8 The adjusted cash balance per bank agreed with the cash balance per books at November 30. The December bank statement showed the following checks and deposits. 12.10 12-10 12.15 12-15 12.27 12-27 12-30 12-29 12-31 Number 3475 3476 3477 3478 Check Number 3479 3480 3481 Checks Number 3451 3471 3472 3475 2476 3476 a. Adjusted balance per books $16,043.20 רו 3477 Langer Company Bank Reconciliation. November 30, 2022 1430 3479 2490 3480 3482 3483 3485 Total Check Amount $2,260.40 720.10 844.50 1,426.80 1,050.00 The cash records per books for December showed the following. Bank Statement Amount $ 2,260.40 844.50 1,426.80 1,640.70 1,300.00 2,130.00 3.080.00 3,080.00 600.00 600.00 475.50 1,140.00 540.80 $15,438.70 Cash Payments Journal Amount Date Number $1,640.70 12-20 3482 12-22 1,300.00 2,130.00 12-23 621.30 12-24 3,080.00 12-30 600.00 Total 807.40 3483 3484 3485 3486 8-46 CHAPTER 8 Fraud, Internal Control, and Cash Date 12-1 12-4 12-8 12-16 12-21 12-26 12-29 12-30 Total Amount $ 475.50 1,140.00 $14,367.90 2,530.20 16,898.10. 798.00 450.80 889.50 $13,933.20 6.301.80 $10,596.30 Deposits Amount $2,530.20 1,211.60 2,365.10 2,672.70 2,945.00 2,567.30 2,836.00 1,025.00 $18,152.90 Cash Receipts Journal Date 12-3 12-7 12-15 12-20 12-25 12-25 12-28 12-30 12-31 Total The bank statement contained two memoranda: 1. A credit of $2,242 for the collection of Langer Company of an electronic funds transfer. 2. A debit for the printing of additional company checks $85. Amount $1,211.60 2,365.10 2,672.70 2,954.00 2.567.30 2,836.00 1,025.00 1,690.40 $17,322.10 Prepare a bank reconciliation adjusting entries from detaile At December 31, the cash balance per books was $13,985.20, and the cash balance per the bank statemen was $19,239.10. The bank did not make any errors, but Langer Company made two errors. Instructions a. Prepare a bank reconciliation at December 31, 2022. b. Prepare the adjusting entries based on the reconciliation. (Hint: The correction of any errors pertain ing to recording checks should be made to Accounts Payable. The correction of any errors relating t recording cash receipts should be made to Accounts Receivable.)