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Question 3 Take me to the text Not checked Marked out of The bank statement for Monarch Catering had an ending cash balance of $1,800
Question 3 Take me to the text Not checked Marked out of The bank statement for Monarch Catering had an ending cash balance of $1,800 on March 31, 2021. On this date the cash balance in their general ledger was $3,165. After comparing the bank statement with the company records, the following information was determined. Flag question The bank returned an NSF cheque in the amount of $380 that Monarch Catering deposited on March 20. The NSF service fee was $10. A direct deposit received from a customer on March 30 in payment of their accounts totaling $3,760. This has not yet been recorded by the company. On March 30, the bank deposited $12 for interest earned. The bank withdrew $37 for bank service charges. Deposits in transit on March 31 totalled $4,710. Required Reconcile the ledger and bank and the required journal entries. Do not enter dollar signs or commas in the input boxes. Do not use negative signs. Select the proper order for the headings of the Bank Reconciliation. Do not enter dollar signs or commas in the input boxes. Do not use negative signs. Select the proper order for the headings of the Bank Reconciliation. 2 Cash balance per bank statement Cash balance per books Add Outstanding deposit EFT deposit Interest earned Deduct NSF cheque NSF service charge Bank service charge Adjusted bank balance Adjusted book balance Date Account Title and Explanation Debit Credit 2021 Mar 31 0 Collect outstanding accounts receivable Mar 31 . Record interest earned Mar 31 Record NSF Cheque Mar 31 : Record bank charges Var 39
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