Question: Prepare Bank reconciliation report and journalize the necessary adjustments as of March 31st, 2021 for Company R; its bank statement for March shows the following data: 5 Balance 3/1 $15,650 Balance 3/31 $17,580 Debit memorandum: Credit memorandum: NSF check $275 Collection of note receivable $605 The cash balance per books at March 31* is $16,319. Other relevant data are given below: 1. The NSF check was from a customer, 2. The note collected by the bank was a $600, 3 month, 12% note. The bank charged a $13 collection fee. No interest has been accrued. 3. Outstanding checks at March 31" total $2460. 4. Deposits in transit at March 31* total $1802. 5. A check for $552, dated March 10, cleared the bank on March 25, was recorded by the company for a payment on account, for $525. 6. Bank has by mistake credited $300 in Company's account which belongs to another company