"ACTIVITY 3: BANK RECONCILIATION On Oct: 31, 2021, Dark Co's cash balance per records is P7,450, while the balance per bank statement is P8,510. The following information is determined: The bank statement reflects P780 deposit that is not yet recorded in the books. The deposit pertains to a collection of note receivable with a principal balance of P700; the difference represents the interest on the note b. The bank statement also reflects a P25 withdrawal representing service charges for the month Dark Co. erroneously recorded a check drawn for P140 as P41O. The check, which is payment for an account payable, cleared the bank at the correct amount d_ Dark Co: erroneously recorded a P91O collection of an amount receivable as P19O_ The bank statement reflects the correct amount of deposit P1,900 check deposit on Oct: 31 is not yet reflected in the bank statement The following checks drawn by Dark Co. are not yet presented to the bank for payment: Check #075 for P325, Check #080 for P1OO, and Check #094 for P7O0
Requirement: 1. Prepare the bank reconciliation for the month of October"