Madison Company's cash ledger reports the following for the month ending March 31 Deposits: unt $1,900 NO. Date Checks: 5413 / 2 Amount ,00 3/4 5 543 2,700 3/12 /19 cash receipts: 3/26-3/31 2,7ee 546 3/2 5493 $ 5,400 13.00 Balance on March 1 Receipts Disbursets Balance on March 31 $ 6,700 Information from March's bank statement and company records reveals the following addisional information a. The ending cash balance recorded in the bank statements S7331 Cash receipts of $2700 from 325-331re outstanding Checks 545 and 547 are outstanding The deput on 3/11 included a customers check for $40 that did not clear the bank NSF check) e. Check 543 was written for $3,300 for office supplies in March the bank properly recorded the check for the amount An automatic withdrawal for Mach rent was made on March 4 for $1.200 Madison's checking account earns interest based on the average daily balance. The amount of interest earned for March $55 Last year, one of Madison's top executives borrowed 54 250 from Madison on March 24. the executive paid $4,530 $4 250 borrowed amount plus $280 interest) wrectly to the bank in payment for the borrowing The bank charged the following service fees 38 for NSF check 515 for automatic withdrawal for rent payment, and 521 for collection of the loan amount from the executive 1. Prepare a reconciation for March 31 (Amounts to be deducted should be indicated with a minus sign) MASON COMPANY Intereconcion