ive Problems 6 Help Save & Exit Subm Check my work Serial Problem Business Solutions LO P3 Santana Rey receives the March bank statement for Business Solutions on April 11, 2018. The March 31 bank statement shows an ending cash balance of $68,566. A comparison of the bank statement with the general ledger Cash account, No. 101, reveals the following. a. S. Rey notices that the bank erroneously cleared a $570 check against her account in March that she did not issue. The check documentation included with the bank statement shows that this check was actually issued by a company named Business Systems b. On March 25, the bank lists a $56 charge for the safety deposit box expense that Business Solutions agreed to rent from the bank beginning March 25. c. On March 26, the bank lists a $110 charge for printed checks that Business Solutions ordered from the bank. d. On March 31, the bank lists $29 interest earned on Business Solutions's checking account for the month of March. e. S. Rey notices that the check she issued for $128 on March 31, 2018, has not yet cleared the bank. f. S. Rey verifies that all deposits made in March do appear on the March bank statement g. The general ledger Cash account, No. 101, shows an ending cash balance per books of $69,145 as of March 31 (prior to any reconciliation) Required 1. Prepare a bank reconciliation for Business Solutions for the month ended March 31, 2018 Pre 2 of 4 Next st ng Required: 1. Prepare a bank reconciliation for Business Solutions for the month ended March 31, 2018. BUSINESS SOLUTIONS Bank Reconciliation March 31, 2018 Bank statement balance Book balance Add: Add: 0 Deduct Deduct: S0 Adjusted book balance Adjusted bank balance Journal entry worksheet 4 Record journal entry related to the $570 check charged erroneously to Business Solutions' account, if any. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31 Record entry Clear entry View general journal F2 F3 Journal entry worksheet 4 Record the journal entry related to the $56 debit memorandum, if any. Note: Enter debits before credits. Debit Credit General Journal Date Mar 31 Clear entry Record entry View general journal K Prev 2 of 4 Next > g A F2 F3 F4 FS Problems Journal entry worksheet 4 Record the journal entry related to the $110 debit memorandum for printed checks. Note: Enter debits before credits. Credit Date Debit General Journal Mar 31 Record entry Clear entry View general journal Saved e Problems Journal entry worksheet 5 4 Record the journal entry for the $29 interest earned. Note: Enter debits before credits. Debit Credit Date General Journal Mar 31 Record entry Clear entry View general journa K Prev2 of 4 Next > Journal entry worksheet 4 3 S. Rey verifies that all deposits made in March do appear on the March bank statement. Note: Enter debits before credits. Debit Credit General Journal Date Mar 31 Record entry Clear entry View general journal K Prex 2 of 4 lI Next >
