Norris Company reconciled its book and bank statement balances of cash on February 28 and showed two checks outstanding at that time, No. 371 for \(\$ 1,000\) and No. 374 for \(\$ 512\). The following information was available for the March 31 reconciliation:

Check No. 377 was correctly drawn for \(\$ 1,078\) in payment for office equipment; however, the bookkeeper misread the amount and entered it in the accounting records with a debit to Office Equipment and a credit to Cash as though it were for \(\$ 1,087\).
The NSF check was received from a customer, Pat Slade, in payment of his account. Its return is unrecorded. The credit memorandum resulted from a \(\$ 3,600\) note collected for Norris Company by the bank. The bank had deducted an \(\$ 18\) collection fee. The collection fee is not recorded.
\section*{Required}
1. Prepare a March 31 bank reconciliation for the company.
2. Prepare in general journal form the entries needed to adjust the book balance of cash to the reconciled balance.
Problem 6-6 Recording invoices at gross or net amounts (L.O. 5)

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From the March 31 bank statement: BALANCE OF PREVIOUS STATEMENT ON 2/28/- 5 DEPOSITS AND OTHER CREDITS TOTALING 9 CHECKS AND OTHER DEBITS TOTALING. SERVICE CHARGE AMOUNT. CURRENT BALANCE AS OF THIS STATEMENT CHECKING ACCOUNT TRANSACTIONS 6,886.00 10,231.00 8,693.00 11.00 8,413.00 .DATE .AMOUNT TRANSACTION DESCRIPTION. 3/ 2 1,122.00+ Deposit 3/12 1,984.00+ Deposit 3/19 1,843.00+ Deposit 3/22 1,700.00+ Deposit 3/28 185.00- NSF check 3/31 11.00- 3/31 3.582.00+ Service charge Credit memorandum DATE . CHECK NO.. AMOUNT DATE. CHECK NO.. AMOUNT 3/1 371 1,000.00 3/ 8 379 2,653.00 3/ 2 376" 775.00 3/13 380 475.00 3/ 5 377 1,078.00 3/18 382" 1,022.00 3/11 378 270.00 3/27 383. 1,235.00 *Indicates a skip in check sequence