BAT4MO - Chapter 7 Assignment COMPLETE BOTH QUESTIONS Question #1 - APPL 10 The cash balance per books for Gothic Industries at February 28, 2021 was $9,232.34. At February 28, cheques #33 and 34 were still outstanding and there was one deposit in transit for $450. The following cheques and receipts were recorded for the month of March 2021. The bank did not make any errors. INSTRUCTIONS: B) Prepare ONE of the journal entries to adjust the books. Gothic information: Cheques Receipts No. Amount Amount Date 35 $795.00 $850.00 Mar 11 36 $822.25 $1,247.59 Mar 15 37 $549.00 $1,239.00 Mar 21 38 $386.38 $987.52 Mar 30 39 $914.00 $4,324.11 40 $321.50 $3,788.13 In addition, the bank statement for the month of March is presented below: Date ues and Other Debits No Amount Deposits Amount $ $ 450.00 34 $ 35 863.00 $795.00 $ $850.00 $ NSF $ 426.00 $822.25 36 Feb 28 Mar 1 Mar 7 Mar 10 Mar 12 Mar 14 Mar 15 Mar 16 Mar 17 Mar 20 Mar 22 Mar 22 Mar 26 Mar 26 Mar 31 ES AS A A A A A A A A A A Balance 10.164.54 10,614.54 9,751.54 8.956.54 9,806.54 9,380.54 8,558.29 9,805.88 9,256.88 8,888.50 10,217.50 9,698.30 8,784.30 9,679.30 9,664.30 37 38 $ $ $1,247.59 $ $ $ 1,329.00 $ $ $ 895.00 $ $ $549.00 368.38 $ 33 $ 39 $ 519.20 914.00 $ EFT SC $ 15.00 The NSF cheque was from R. Singh, a customer, for a payment on account. The service charge (SC) is the regular banking monthly fees. Answer Part B Here 2 marks