The cash account for Coastal Bike Co

The cash account for Coastal Bike Co. at October 1, 20Y9, indicated a balance of $30,356. During October, the total cash deposited was $141,640, and checks written totaled $137,652. The bank statement indicated a balance of $43,000 on October 31, 2049. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items: a. Checks outstanding totaled $6,515. b. A deposit of $1,779 representing receipts of October 31, had been made too late to appear on the bank statement. c. The bank had collected for Coastal Bike Co. $5,775 on a note left for collection. The face of the note was $5,500. d. A check for $470 returned with the statement had been incorrectly charged by the bank as $740. e. A check for $310 returned with the statement had been recorded by Coastal Bike Co. as $130. The check was for the payment of an obligation to Rack Pro Co. on account. f. Bank service charges for October amounted to $29. g. A check for $1,376 from Bay View Condos was returned by the bank due to insufficient funds. Instructions 1. Prepare a bank reconciliation as of October 31, 2019. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. "Add:" & "Deduct:" will automatically appear if it is required. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 2. Journalize the necessary entries. Refer to the Chart of Accounts for exact wording of account titles. 3. If a balance sheet were prepared for Coastal Bike Co. on October 31, 2019, what amount should be reported as cash?