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The cash balance per the books of Black Company is $92,100 on November 30,2003 ....

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Accounting

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The cash balance per the books of Black Company is $92,100 on November 30,2003 . The bank statement for Black shows a cash balance of $98,063 on November 30 . The following additional items were noted: 1. A deposit of $18,600 made by Black on November 30 was not recorded by the bank until December 2. 2. Outstanding cheques (cheques written by Black but not yet cleared by the bank) at November 30 totalled $30,100. 3. A cheque for $3,400 from a customer, Light Networks Company, which had been deposited in November, was returned by the bank on November 30 marked "NSF". 4. Included in the cancelled cheques returned with the November bank statement was a cheque for $2,200 written by Blue Company, which had been incorrectly debited to Black's account by the bank. 5. A Black cheque (H457) for $629 dated November 22 cleared the bank on November 24 . This cheque, which was a payment on account to a supplier, was incorrectly journalized by Black for $692. Instructions (a) Prepare a bank reconciliation for Black Company at November 30, 2003. (b) Prepare journal entries to update the cash balance per books

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