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In auditing Train Company, you obtain directly from the bank Train$$s bank statement, canceled checks, and other memoranda which relate to the company$$s bank account for December $2016.$ In reconciling the bank balance on December $31,2016,$ with that shown on Trains$$s books, you observe the following facts:

$1.$ Balance per bank statement $$91,174\mathrm{.}63$

$2.$ Balance per books $59,088\mathrm{.}46$

$3.$ Outstanding checks, $12/31/1633,378\mathrm{.}82$

$4.$ Receipts of $12/31/16$ deposited on $1/1/175,317\mathrm{.}20$

$5.$ Service charge for December $22\mathrm{.}50$

$6.$ Proceeds of bank loan, $12/15/16$ omitted from company records $($discounted for $3$ months at $12\%$ per year$)11,640\mathrm{.}00$

$7.$ Deposit of $12/20/16$ omitted from the bank statement $2,892\mathrm{.}41$

$8.$ Check of Rome Products Co$.$ charged back on $12/22/16$ for lack of countersignature. Redeposited $1/5/17.$ No entry was made for the chargeback or the redeposit. $873\mathrm{.}74$

$9.$ Error on bank statement in entering deposit of $12/18/16$: Correct amount $$3,182\mathrm{.}40,$ Entered in statement $3,181\mathrm{.}401\mathrm{.}00$

$10.$ Check No$.3917$ of Trait Manufacturing Co$.$ charged in error to company$$s account $2,690\mathrm{.}00$

$11.$ Proceeds of note of J$.$ Somers & Co$.$ collected by bank $12/11/16$ not entered on books: Principal $$2,000\mathrm{.}00,$ Interest $40\mathrm{.}00.$ Less: collection charge $5\mathrm{.}002,035\mathrm{.}00$

$12.$ Erroneous debit memo of $12/22/16$ to charge company$$s account with settlement of bank loan, which was paid by check No$.8714$ on same date $5,000\mathrm{.}00$

$13.$ Error on bank statement in entering deposit of $12/4/16$: Entered as $$4,817\mathrm{.}10,$ Correct amount $4,807\mathrm{.}1010\mathrm{.}00$

$14.$ Deposit of Trait Manufacturing Co$.$ of $12/8/16$ credited in error to the company $1,819\mathrm{.}20$

Required:

$1.$ Prepare a reconciliation of Train$$s bank account.

$2.$ Prepare journal entries to adjust Train$$s books to reflect the correct bank balance on December $31,2016.$

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