Madison Company's cash ledger reports the following for the month ending March 31.

	Date		Amount			No.	Date		Amount
Deposits:	3/4	$	1,400		Checks:	541	3/2	$	5,500
	3/11		1,300			542	3/8		500
	3/18		4,100			543	3/12		2,100
	3/25		3,700			544	3/19		1,700
Cash receipts:	3/26-3/31		2,100			545	3/27		500
		$	12,600			546	3/28		800
						547	3/30		1,500
Balance on March 1		$	5,800					$	12,600
Receipts			12,600
Disbursements			(12,600	)
Balance on March 31		$	5,800

Information from March's bank statement and company records reveals the following additional information:

1. The ending cash balance recorded in the bank statement is $8,296.
2. Cash receipts of $2,100 from 3/263/31 are outstanding.
3. Checks 545 and 547 are outstanding.
4. The deposit on 3/11 included a customer's check for $430 that did not clear the bank (NSF check).
5. Check 543 was written for $2,700 for office supplies in March. The bank properly recorded the check for this amount.
6. An automatic withdrawal for March rent was made on March 4 for $1,000.
7. Madison's checking account earns interest based on the average daily balance. The amount of interest earned for March is $51.
8. Last year, one of Madison's top executives borrowed $4,400 from Madison. On March 24, the executive paid $4,650 ($4,400 borrowed amount plus $250 interest) directly to the bank in payment for the borrowing.
9. The bank charged the following service fees: $36 for NSF check, $15 for automatic withdrawal for rent payment, and $24 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.)

2. Record the necessary cash adjustments.(If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)