Question 13 At March 31, the balance of the Cash account according to the records of Stockholm Company was $3,812. The March 31 bank statement showed a balance of $4,087. 1. Deposit in transit at March 31,$6,972. Bank 2. Outstanding checks: no. 20, $160; no. 21, $995; no. 27, $330; no. 34, $2,137. Stock 3. Service charge by bank, $50. 4. A note receivable for $4,000 left by Stockholm Company with the bank for collection, was collected and credited to company's account. No interest or charges involved. Stock 5. A check for $125 drawn by a customer, Queen Silvia, but deducted from Stockholm's account by the bank and returned with the notation "NSF." 6. Stockholm's check no. 480, issued in payment of $1,800 worth of office equipment, correctly written in the amount of $1,800 but erroneously recorded in Stockholm's accounting records as $1,600. Required: [11 marks] Prepare the bank reconciliation of Stockholm Company on March 31. Bank Stockholm Company