Aussie Enterprises began operations on March 2, 2020, depositing S42,000 in the bank. During this first month of business, the following transactions occurred that affected the Cash account in the general ledger. (Click the icon to view the transactions.) Shortly after the end of March, the company received its first bank statement. (Click the icon to view the March bank statement.) In preparing to do the bank reconciliation, Aussle Enterprises noticed that the $2,800 deposit on March 29 was a bank error and informed the bank. The bank will correct the error on the next bank statement. Required Prepare Aussie Enterprises's bank reconciliation at March 31, 2020. 6 Bank Statement Aussle Enterprises Bank Reconciliation March 31, 2020 Description Withdrawals Deposits Date Balance BANK: Balance Forward Mar 01 0 Deposit 42,000 Mar 02 42,000 Add: Cha#001 12,200 Mar.07 29,800 Deposit 16,000 Mar 09 45,800 Less Chaw002 16,200 Mar. 13 29,600 Cheque Number: Deposit 12,400 Mar, 18 42.000 Bank Loan 125,000 Mar. 20 167.000 Ch 004 32,000 Mar 28 35,000 Deposit 2,800 Mar 29 87,800 Service Charge 66 Mar 31 87,734 Interest 20 Mar 31 87.754 Choose from any list or enter any number in the input fields and then click Check Answer. 110,466 198,220 1 part remaining Print Check Answer Done Aussie Enterprises began operations on March 2, 2020, depositing $42,000 in the bank. During this first month of business, the following transactions occurred that affected the Cash account in the general ledger. (Click the icon to view the transactions.) Shortly after the end of March, the company received its first bank statement. (Click the icon to view the March bank statement.) In preparing to do the bank reconciliation, Aussie Enterprises noticed that the $2,800 deposit on March 29 was a bank error and informed the bank. The bank will correct the error on the next bank statement. Required Prepare Aussie Enterprises's bank reconciliation at March 31, 2020 Aussie Enterprises Transactions Bank Reconciliation March 31, 2020 Date Description Dr Cr BANK: Mar. 2 Deposit $ 42,000 5 Payment cheque 001 $ 12.200 Add: 8 Payment choque 002 16.200 Cash sales 16,000 Less: 15 Payment, cheque 003 10.500 Cheque Number: 18 Cash sales 12,400 9 20 125,000 26 Bank loan Equipment purchase, cheque 004 Payment on account, cheque 005 Cash sales 82,000 17,700 30 31 26,200 Choose from any list or enter any number in the input fields and then click Check Answer. ? Print Done 1 part remaining Check Answer BOOKS: Add: Less: Choose from any list or enter any number in the input fields and then click Check Answer. ? All parts showing Clear All Check
