Bank statement for March:

Beginning balance, March 1 $6,000

Deposits + $4,800

Checks cleared - $6,500

Service charges for March - $ 10

Collection by bank ($3,000 note) + $3,000

Ending balance, bank March 31 $7,290

Book information (General Ledger):

Ending balance, March 31 $7,050

Checks written $6,700

Deposits $5,000

Last month bank reconciliation info:

Deposits in transit $ 500

Outstanding checks $ 800

What you are expected to do:

Reconcile the cash balance per the bank statement to the cash balance on the general ledger (book).

Prepare any resulting journal entries