P6-1A The following information is available to assist you in preparing a bank reconciliation for Karen's Catering on March 31 a. The balance on the March 31 bank statement is $6,506.10. b. Not included on the bank statement is a $423 deposit made by Karen's late on March 31. c. A comparison between the canceled checks listed on the bank statement and the company records indicated that the following checks are outstanding at March 31: No. 112 42.92 307.00 10.58 75.67 No. 120 No. 122 d. The bank acts as a collection agency for checks returned for insufficient funds. The March bank statement indicates that one such check in the amount of $45.00 was collected and deposited anda collection fee of $4.50 was charged. Miscellaneous bank service charges amounted to $22 customer's check in the amount of $1,250 appears on the bank statement in March but was never added to e. Interest earned on the checking account and added to Karen's account during March was $4.30. f. A comparison between the deposits listed on the bank statement and the company's books revealed that a the customer's account on the company's books g. The comparison of checks cleared per the bank statement with those per the books revealed that the wrong 2 amount was charged to the company's account for a check. The amount of the check was $990. The proof machine encoded the check in the amount of $909. Required 1 Prepare a bank reconciliation statement and determine the balance on the books before anv