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BANK RECONCILIATION AND JOURNAL ENTRIES (20 points) Prepare a bank reconciliation and journalize the entries required to correct the company's cash balance on the books

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BANK RECONCILIATION AND JOURNAL ENTRIES (20 points) Prepare a bank reconciliation and journalize the entries required to correct the company's cash balance on the books using the following data that were accumulated for use in reconciling the bank account of Pandemic Dry Cleaning for March 2020: c. e. a. A deposit of $1,785 is in transit. b. The book balance is $2,138 at March 31, 2020. The bank balance at March 31, 2020 was $3,585. d. A deposit of $300 was credited by the bank for $3,000. A customer's check for $65 was returned for nonsufficient funds. The bookkeeper recorded a $270 check as $27 in payment of the current month's rent. Outstanding checks total $470. The bank collected a note in the amount of $410 for Pandemic Dry Cleaning and h. deposited the cash in their account at the bank but Pandemic has not yet entered the amount in the books. The total of $410 consists of $400 principle and $10 interest. The bank service charge is $40. f

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