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Question - Presented below is information related to Indigo Inc.
Balance per books at October 31, $66,956.56; receipts $277,638.26; disbursements $263,829.66. Balance per bank statement November 30, $90,038.72.
The following checks were outstanding at November 30.
1224. $2,616.46
1230 3,949.28
1232 3,400.24
1233. 771.47
Included with the November bank statement and not recorded by the company were a bank debit memo for $43.84 covering bank charges for the month, a debit memo for $595.41 for a customer's check returned and marked NSF, and a credit memo for $2,240 representing bond interest collected by the bank in the name of Indigo Inc. Cash on hand at November 30 recorded and awaiting deposit amounted to $3,064.64.
Prepare bank reconciliation (to the correct balance) at November 30, for Indigo Inc. from the information above.
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