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1. RECONCILIATION AND JOURNAL ENTRIES (20 points) - You are the accountant for Rabbit Runners, Inc. Based on the information below, prepare a reconciliation and journalize the entries required to correct the company's cash balance on the books. The data below is as of March 31, 2020 a) There is a deposit in transit in the amount of $1,500 b) The bank statement shows an NSF check for $3,000 was deducted by the bank. The check was in payment of an account receivable at Rabbit Runners c) The bank balance at March 31, 2020 was $40,000 d) The bank statement shows the bank paid interest to Rabbit Runners in the amount of $1,000 c) There are outstanding checks totaling $4.000 f) The bank service charge is $200. g) The bank statement shows the bank deducted S2.000 by EFT to pay Rabbit Runners utility bill hy The book balance is $41.700 at March 21, 2020