Nizzero Corporation is a newly created company and noted the following cash related transaction for the first month ended April 2020:

1. According to the bank statement received for the month of April 2020, the balance in Nizzeros bank account on April 30 was $11,356.69.

2. The balance in the companys Cash account in the general ledger on April 30, 2020 was $13,211.76.

3. The last deposit of the month, for $867.91, was made as a night deposit on April 30.

4. One of Nizzeros customers paid its account by making an EFT from its bank into Nizzeros bank account in the amount of $616.09.

5. The bank subtracted a service charge of $42.00 from the companys bank account for April.

6. Cheque number 001 for $603.44, cheque number 009 for $531.00, and cheque number 010 for $78.49 were still outstanding at the end of April.

7. The bank statement showed that $750.00 was deducted from Nizzeros account by the bank as payment of loan principal.

8. The bank returned a cheque from one of Nizzeros customers marked NSF for $206.80 that a customer used to pay off their account.

9. The bank statement showed that cheque number 004 (which Nizzero had issued to pay for utilities expense) was recorded by the bank as $784.65, while the company incorrectly recorded this cheque as $874.65.

10. The bank deducted a cheque written by Nizarri Company (a different company) from Nizzero Companys account. The amount of the cheque was $1,907.38.

Instructions:

a) Prepare the bank reconciliation for April 30, 2020.

b) Prepare all necessary journal entries to balance the cash ledger.