1. Cash balance per bank, March 31, $ 14,526.

2. March bank service charge not recorded by the depositor $56.

3. Cash balance per books, March 31, $14,568

4. Deposit in transit, March 31, $3,000.

5. Bank collected $1,800 note for Corona in March, plus interest $72, less fee $40.The collection

has not been recorded by Corona, and no interest has been accrued.

6. Outstanding checks, March 31, $1,182

Instructions

a. Prepare a bank reconciliation at March 31.

b. Journalize the adjusting entries at March 31 on the books of Corona Video Company.