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Problem 3 Thomson Limited's March 31, 2020 bank reconciliation is shown below: Thomson Limited Bank Reconciliation March 31, 2020 Unreconciled balance $26,987 Add: Deposit in

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Problem 3 Thomson Limited's March 31, 2020 bank reconciliation is shown below: Thomson Limited Bank Reconciliation March 31, 2020 Unreconciled balance $26,987 Add: Deposit in transit 11,500 Less: Outstanding cheques Chq #198 1,195 Chq #200 9,650 Cha #201 3,120 Reconciled balance 13,965 $24,522 The company's April 2020 bank statement and General Ledger transactions are show below: National Bank April 30, 2020 Date Details Debits Credits Balance 01-Apr $26,987 02 Apr Deposit 11,500 $38,487 03-Apr Chq# 200 9,650 $28,837 07-Apr Chq# 198 1,195 $27,642 11 Apr Deposit 6,840 $34,482 12 Apr NSF cheque 3,000 $31,482 12.Apr NSF fee 50 $31,432 Chq #201 3,120 $28,312 17 Apr Chq 203 $24,912 17-Apr EFT, M. Sinclair 14,085 $38,997 20 Apr Cha #204 1,800 $37,197 22 Apr Chq #202 1,625 $35,572 24-Apr EFT payment 4,600 $30,972 24-Apr Deposit 10,060 $41,032 25-Apr Chq #207 3,250 $37,782 27-Apr Chq #208 8,500 $29,282 28 Apr Chq #209 2,920 $26,362 30 Apr Bank charges 75 $26,287 16-Apr 3,400 General Ledger Details Cheques Deposits Cha #202 1,625 11 Apr 6,840 Cha #203 4,300 24-Apr 10,060 Cha #204 1,800 30 Apr 5,550 Cha #205 1,975 Cha #206 4,480 Chq #207 3,250 Chq #208 8,500 Cha #209 2,920 Chq #210 3,800 Chq #211 2,520 Chq #212 3,005 Additional information: 1. The EFT on Apr. 24 was a loan payment with includes $600 of interest and the remainder is a payment against a bank loan. 2. Thomson made an error recording Chq #203 in the General Ledger. 3. The company hadn't recorded the EFT from M. Sinclair as of month-end. Required: Prepare Thomson Limited's April 30, 2020 bank reconciliation

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