4-2A Bank Reconciliation (Clearing Prior Month Items) Dentalworks Inc.s bank reconciliation dated February 28, 2024 is shown below. Dentalworks Inc. Bank Reconciliation February 28 Ending Balance per bank: $24,500 Add: Deposits in transit 1,800 Deduct: Outstanding cheques Cheque #2895 $500 Cheque #2897 300 Cheque #2898 1,300 (2,100) Reconciling Balance $24,200 The companys cash T-Account for March shows the following information: Cash Date Comments Amount Date Comments Amount March 1 Opening balance 24,200 March 2 Cheque #2899 600 March 6 Deposit 1,500 March 3 Cheque #2900 750 March 11 Deposit 800 March 5 Cheque #2901 885 March 30 Deposit 2,700 March 8 Cheque #2902 2,600 March 31 Deposit 1,250 March 11 Cheque #2903 1,100 March 16 Cheque #2904 50 March 18 Cheque #2905 850 March 21 Cheque #2906 1,900 March 24 Cheque #2907 225 March 30 Cheque #2908 900 March 31 Cheque #2909 1,500 19,090 The following comes from the companys March 2024 Bank Statement: Date Description Withdrawals Deposits Balance March 1 Balance Forward 24,500 March 2 Deposit 1,800 26,300 March 4 Cheque #2899 600 25,700 March 5 Cheque #2898 1,300 24,400 March 6 EFT - Maintenance 105 24,295 March 7 Cheque #2900 750 23,545 March 7 Deposit 1,500 25,045 March 8 Bank Collection 840 25,885 March 10 Cheque #2897 300 25,585 March 11 Cheque #2902 2,600 22,985 March 13 Cheque #2903 1,100 21,885 March 13 Deposit 800 22,685 March 21 Cheque #2905 850 21,835 March 23 Cheque #2901 858 20,977 March 25 Cheque #2907 225 20,752 March 31 EFT Rent (April) 1,300 19,452 March 31 Bank plan fee 15 19,437 March 31 Interest 1 19,438 Additional Information: A The correct amount of cheque #2901 a payment of an account payable is $858. The companys bookkeeper made an error. B The bank collection was a note receivable. The note included principal of $800 and interest of $40. No previous interest accruals had been made on the note. Required a.) Prepare a bank reconciliation dated March 31, 2024. b.) Record any required adjustments based on your reconciliation