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Bank Reconciliation

The following information is available to assist you in preparing a bank reconciliation for Four Star Entertainment on March 31:

1. The balance on the March 31 bank statement is $6,506.10.
2. Not included on the bank statement is a $423 deposit made by Four Star late on March 31.
3. A comparison between the canceled checks listed on the bank statement and the company records indicated that the following checks are outstanding at March 31:

   No. 112	$42.92
   No. 117	307.00
   No. 120	10.58
   No. 122	74.88

4. The bank acts as a collection agency for checks returned for insufficient funds. The March bank statement indicates that one such check in the amount of $45.00 was collected and deposited and a collection fee of $3.48 was charged.
5. Interest earned on the checking account and added to Four Star account during March was $4.30. Miscellaneous bank service charges amounted to $22.
6. A comparison between the deposits listed on the bank statement and the company's books revealed that a customer's check in the amount of $1,250 appears on the bank statement in March but was never added to the customer's account on the company's books.
7. The comparison of checks cleared per the bank statement with those per the books revealed that the wrong amount was charged to the company's account for a check. The amount of the check was $990. The proof machine encoded the check in the amount of $909, the amount charged against the company's account.

Required:

Enter all amounts rounded to the nearest cent.

1. Determine the balance on the books before any adjustments as well as the corrected balance to be reported on the balance sheet.

Four Star Entertainment Bank Reconciliation March 31

Balance per bank statement, March 31			$fill in the blank 673b5cfed039078_1
Add: Bank errorAdd: Customer check collectedAdd: Deposit in transitAdd: Outstanding checksAdd: Deposit in transit			Add: Deposit in transit
Deduct:
Bank service charges:Collection fee:NSF check:Outstanding checks:Outstanding checks:
No. 112	$fill in the blank 673b5cfed039078_5
No. 117	fill in the blank 673b5cfed039078_6
No. 120	fill in the blank 673b5cfed039078_7
No. 122	fill in the blank 673b5cfed039078_8	$fill in the blank 673b5cfed039078_9
Bank errorBank service chargesCollection feeCustomer check collectedDeposit in transitCustomer check collected		Customer check collected	Customer check collected
Adjusted balance, March 31			$fill in the blank 673b5cfed039078_13
Balance per books, March 31			$fill in the blank 673b5cfed039078_14
Add: Bank errorAdd: Customer check collectedAdd: Deposit in transitAdd: Outstanding checksAdd: Customer check collected		$Add: Customer check collected
Add: Bank service chargesAdd: Collection feeAdd: Interest earned on accountAdd: Outstanding checksAdd: Collection fee		Add: Collection fee
Add: Bank errorAdd: Bank service chargesAdd: Customer check not recordedAdd: Deposit in transitAdd: Bank service charges		Add: Bank service charges	Add: Bank service charges
Deduct: Collection feeDeduct: Customer check collectedDeduct: Deposit in transitDeduct: Interest earned on accountDeduct: Interest earned on account		$Deduct: Interest earned on account
Deduct: Bank service chargesDeduct: Customer check collectedDeduct: Customer check not recordedDeduct: Deposit in transitDeduct: Customer check collected		Deduct: Customer check collected	Deduct: Customer check collected
Adjusted balance, March 31			$fill in the blank 673b5cfed039078_27