You need to a back reconcilation for December 31.
The bank portion of the bank reconciliation for Langer Company at November 30, 2017, was as follows.
|
LANGER COMPANY
Bank Reconciliation
November 30, 2017
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|
Cash balance per bank
|
|
|
|
$14,767.90
|
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Add: Deposits in transit
|
|
|
|
2,530.20
|
|
|
|
|
17,298.10
|
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Less: Outstanding checks
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|
|
|
|
|
Check Number
|
|
Check Amount
|
|
|
|
3451
|
|
$ 2,260.40
|
|
|
|
3470
|
|
720.10
|
|
|
|
3471
|
|
844.50
|
|
|
|
3472
|
|
1,426.80
|
|
|
|
3474
|
|
1,051.50
|
|
6,303.30
|
|
Adjusted cash balance per bank
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|
|
|
$10,994.80
|
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.
|
Bank Statement
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Checks
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Deposits
|
|
Date
|
|
Number
|
|
Amount
|
|
Date
|
|
Amount
|
|
12-1
|
|
3451
|
|
$2,260.40
|
|
12-1
|
|
$ 2,530.20
|
|
12-2
|
|
3471
|
|
844.50
|
|
12-4
|
|
1,211.60
|
|
12-7
|
|
3472
|
|
1,426.80
|
|
12-8
|
|
2,365.10
|
|
12-4
|
|
3475
|
|
1,640.70
|
|
12-16
|
|
2,672.70
|
|
12-8
|
|
3476
|
|
1,300.00
|
|
12-21
|
|
2,945.00
|
|
12-10
|
|
3477
|
|
2,130.00
|
|
12-26
|
|
2,567.30
|
|
12-15
|
|
3479
|
|
3,080.00
|
|
12-29
|
|
2,836.00
|
|
12-27
|
|
3480
|
|
600.00
|
|
12-30
|
|
1,025.00
|
|
12-30
|
|
3482
|
|
475.50
|
|
Total
|
|
$18,152.90
|
|
12-29
|
|
3483
|
|
1,140.00
|
|
|
|
|
|
12-31
|
|
3485
|
|
530.80
|
|
|
|
|
|
|
Total
|
|
$15,428.70
|
|
|
|
|
The cash records per books for December showed the following.
|
Cash Payments Journal
|
|
Cash Receipts Journal
|
|
Date
|
|
Number
|
|
Amount
|
|
Date
|
|
Number
|
|
Amount
|
|
Date
|
|
Amount
|
|
12-1
|
|
3475
|
|
$1,640.70
|
|
12-20
|
|
3482
|
|
$475.50
|
|
12-3
|
|
$ 1,211.60
|
|
12-2
|
|
3476
|
|
1,300.00
|
|
12-22
|
|
3483
|
|
1,140.00
|
|
12-7
|
|
2,365.10
|
|
12-2
|
|
3477
|
|
2,130.00
|
|
12-23
|
|
3484
|
|
796.50
|
|
12-15
|
|
2,672.70
|
|
12-4
|
|
3478
|
|
621.30
|
|
12-24
|
|
3485
|
|
350.80
|
|
12-20
|
|
2,954.00
|
|
12-8
|
|
3479
|
|
3,080.00
|
|
12-30
|
|
3486
|
|
889.50
|
|
12-25
|
|
2,567.30
|
|
12-10
|
|
3480
|
|
600.00
|
|
Total
|
|
|
|
$13,831.70
|
|
12-28
|
|
2,836.00
|
|
12-17
|
|
3481
|
|
807.40
|
|
|
|
|
|
|
|
12-30
|
|
1,025.00
|
|
|
|
|
|
|
|
|
|
|
|
|
12-31
|
|
1,690.40
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$17,322.10
|
The bank statement contained two memoranda:
1. A credit of $5,265 for the collection of a $5,120 note for Langer Company plus interest of $160.00 and less a collection fee of $15.00. Langer Company has not accrued any interest on the note.
2. A debit of $574.30 for an NSF check written by L. Rees, a customer. At December 31, the check had not been redeposited in the bank.
At December 31, the cash balance per books was $14,485.20, and the cash balance per the bank statement was $22,182.80. The bank did not make any errors, but two errors were made by Langer Company.