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Madison Company's cash ledger reports the following for the month ending March 2 Deporte 118 13,00 1/ 1, 3. 1/2-1/31 2.5 $ 12.12 Date Checks32
Madison Company's cash ledger reports the following for the month ending March 2 Deporte 118 13,00 1/ 1, 3. 1/2-1/31 2.5 $ 12.12 Date Checks32 5,00 21/8 54112 2. So 1719 1.120 5 1/2 1/20 12 Casheet: $11,220 $ 3,00 12. Balans Belts Bam March $ 5,00 Information from March's bank statement and company records reveals the following additional Information a. The ending cash balance recorded the bank Statement 56.476 Cash recerpts of $2.800 from 326-30 are outstanding Checks 545 and 547 are outstanding a The deposit on 3 cuced a customer's check for 5430 that do not clear the bank (NSF check Check 543 was written for $3,400 for office supplies in March. The bank property recorded the check for this amount An automatic withdrawal for Merchent was made on March 4 for $1.050. 9.Me checking account and interest based on the average daily balance. The amount of interest and for March is $54 Last year, one of Medison's top aracutlas borrowed 54:50 from Nielson on March 24, the role peld $4,410 54350 borrowed amounts $280 Interest directly to the bank in payment for the borowing, L The bank charged the following service fees $31 for NSF check $for automatic withdrawal for rent payment and $27 for collection of the loan amount from the executive 1. Prepare a bank reconciliation for March 31. Amounts to be deducted should be indicated with a minus sign Bank's Cash Before recono Decode Chess MADISON COMPANY Bank farten March 31 Company's Cash Balance 8416 Sefore reconciliation 2,850 TO Ahor reconciliation 310 Arrection 5.000 2. Record the necessary cast asusstart.no entry is required for a transaction event, select "No Journal Entry Required in the first account field. Journal entry worksheet Record the entries that increase cash
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