3. Canada Olympic Company has decided to open a new chequing account during March 2021. The new cash account details from its general ledger is as follows (10 marks): Cash-Bank Chequing Account: March 1 2 13 20 27 31 Balance Deposit Deposit Deposit Deposit Deposit 0 10,000 2,325 2,750 4,500 3,490 Bank Statement at March 31, 2021 Beginning balance, March 1, 2021 Deposits and other credits: March 2 March 14 March 21 March 28 March 29 (payment on account) March 31 interest revenue Required Cheques and other debits: March 2 EFT to vendor March 3 Chq# 101 March 6 Chq# 102 March 15 Chq#104 March 16 Chq #103 March 28 EFT to utility provider March 29 Chq#106 March 31 Bank service charge Ending balance, March 31, 2021 March 2 4 9 14 21 28 30 $10,000 2,325 2,750 4,500 500 45 55 200 4,300 1,675 750 270 175 70 Chq#101 200 Chq#102 4,300 750 Chq#103 Chq#104 1,675 Chq#105 1,500 Chq#106 175 Chq#107 300 $0 20,120 Prepare the bank reconciliation at March 31, 2021. (7,495) $12,625

3. Canada Olympic Company has decided to open a new chequing account during March 2021. The new cash account details from its general led ger is as follows 110 marks): Cash-Bank Chequing Account: Bank.Statement at March 31, 2021 Beginning balance, March 1, 2021 \\$0 Ending vanance, Required Prepare the bank reconciliation at March 31, 2021