BANK RECONCILIATION

Using the following information to complete the Bank Reconciliation for November:

Belbin's Paralegal Services developed the following information for the month of March, 2017:

Balance per books March 31............................................................ $ 1,905

Balance per bank statement March 31............................................. $11,400

1.Cheques written in March but still outstanding $8,000.

2.Cheques written in February but still outstanding $2,800.

3.Deposits of March 30 and 31 not yet recorded by bank $5,200.

4.NSF cheque of customer returned by bank $700.

5.Cheque No. 210 for $594 was correctly issued and paid by bank but incorrectly entered in the general journal as payment on account for $549.

6.Bank service charge for March was $50.

7.A payment on account was incorrectly entered in the general journal and posted to the Accounts Payable subsidiary ledger for $824 when Cheque No. 318 was correctly prepared for $284. The cheque cleared the bank in March.

8.A review of the bank statement revealed Belbin's Paralegal Services received electronic payments from customers on account of $4,150 during March.