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Consider the following bank statement and general ledger for Kerry's Spa. (Click the icon to view the bank statement.) (Click the icon to view the
Consider the following bank statement and general ledger for Kerry's Spa. (Click the icon to view the bank statement.) (Click the icon to view the general ledger.) (Click the icon to view additional information.) Requirements Prepare a bank reconciliation for Kerry's Spa on March 31, 2023, and prepare the necessary journal entries. Prepare a bank reconciliation for Kerry's Spa on March 31, 2023, and prepare the necessary journal entries. (Leave any unused cell the nearest dollar.) Kerry's Spa Bank Reconciliation as of March 31, 2023 General Ledger Cash Balance Kerry's G/L Cash Balance Add: Deduct: Reconciled Book Balance General ledger Credit Balance 17,000 1,040 15,960 General Ledger-Bank Date Explanation Debit Mar. 1 Opening balance Jaiden's Supplies-Cheque No. 3 301 Monique's Office-Cheque No. 4 302 11 Caleb Marker 560 Outer Beauty Inc.-Cheque No. 19 303 Polish Care Ltd. -Cheque No. 23 304 31 Deposit 13,000 2,045 13,915 14,475 1,580 12,895 2,095 10,800 23,800 Print Done - Bank statement Credit Bank Statement Date Explanation Debit Mar. 1 Opening balance 6 Cheque No. 301 1,040 10 Cheque No. 302 2,045 10 EFT-monthly rent 1,150 11 Caleb Marker 11 NSF Cheque 560 11 NSF Charge 14 14 Cheque No. 303 565 21 Cheque No. 1234 3,200 30 Service charges 70 Interest on bank 30 account Balance 17,000 15,960 13,915 12,765 13,325 12,765 12,751 12,186 560 8,986 8,916 27 8,943 Print Done
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