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Bank Reconciliation The following information is available for the Maxwell Company for the month of March . On March 31, after all transactions have been

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Bank Reconciliation The following information is available for the Maxwell Company for the month of March . On March 31, after all transactions have been recorded, the balance in the company's Cash account has a balance of $25,347. The company's bank statement shows a balance on March 31 of $28,120. A deposit in transit placed in the bank's night depository on March 31 totaled $2,820 and did not appear on the bank statement. Outstanding checks at March 31 include check w303 in the amount of $1.525; check 8365 in the amount of $1,369 and check #356 in the amount of $2,796. The bank cleared check #358 in the amount of $707. The company incorrectly recorded the check as $770. The check error was written to Durchase supplies The bank deducted $160 for an NSF check from a customer deposited on March 20. Require: Prepare a bank reconciliation as of March 31. list items in the same order and label as needed using the bold items as they appear above. If it is reducing the balance, enter them in (). For example, reducing the Bank by 1,000 will be entered as (1,000). Maxwell Company Bank Reconciliation March 31 Book Beg. Balance per Bank Beg. Balance per Books 25,347 Adjusted Bank Balance Adjusted Book Balance

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