Prepare a bank reconciliation statement with overdraft The following information comes from the records of Betty’s Boutique. From the cash receipts records: From the cash payments records: Date 2019...

Prepare a bank reconciliation statement with overdraft The following information comes from the records of Betty’s Boutique. From the cash receipts records: From the cash payments records: Date 2019 Cash (DR) amount Date 2019 Cheque no. Amount $ $ Nov. 1 1 828 Nov. 1 721 28 7 2 024 2 722 566 14 6 480 3 723 832 21 5 292 4 724 54 30 3 884 5 726 10 10 727 11 492 11 728 1 418 20 729 2 492 21 730 152 22 731 10 000 From the general ledger: Cash at bank Account no. 111 Date Item Post ref. Debit Credit Balance Oct. 31 Balance 4 930 DR Wolfpac National Bank Statement of Betty’s Boutique Date Particulars Debit Credit Balance 2019 $ $ $ Nov. 1 Balance 7 570 CR 2 700 200 7 370 CR 2 707 1 000 6 370 CR 2 Deposit 1 828 8 198 CR 4 720 920 7 278 CR 4 721 28 7 250 CR 6 723 832 6 418 CR 8 724 54 6 364 CR 8 Deposit 2 024 8 388 CR 12 726 10 8 378 CR 12 NSF 30 8 348 CR 14 728 1 814 6 534 CR 15 Deposit 6 480 13 014 CR 22 Deposit 5 292 18 306 CR 24 727 11 492 6 814 CR 26 730 152 6 662 CR 26 731 10 000 3 338 DR 26 DC 816 2 522 DR 30 SC 8 2 530 DR 30 IN 84 2 446 DR Code: DC – Direct credit IN – Interest NSF – Non-sufficient funds DD – Direct debit SC – Service charge The NSF cheque was received from J. Pindar, a debtor. The direct credit represents an $800 bill collected by the bank, plus interest. Cheque no. 725 was prepared improperly and has been cancelled. Cheque no. 728 for a purchase of inventory was incorrectly recorded as a cash payment of $1418 instead of $1814. On 1 November, there were only the following unpresented cheques as reconciling items: no. 700 at $200, no. 707 at $1000, no. 719 at $520 and no. 720 at $920. Prepare a bank reconciliation statement, as at 30 November 2019, and any necessary adjusting journal entries.