Question1 Celtic Minerals, owned by Scott O'Donnell, showed the following bank reconciliation at March 31: CELTIC MINERALS Bank Reconciliation March 31, 2011 Bank statement balance.. Add e 600 Book balance . 800 Deposit of March 31 in transit.. 5,600 uct: Outstanding cheques: #14 (1,600) Adjusted bank balance. 800 Adjusted book balance. 800 The following bank statement is available for April: Bank Statement To: Celtic Minerals April 30, 2011 Bank of Norway Cheques/Charges Deposits/Credits Balance 04/03 04/07 04/13 04/18 04/23 04/27 04/30 04/30 04/30 04/30 820 8,200 230 4,000 750 1,800 1,200 10,000 500 04/03 04/07 04/13 04/13 04/23 04/27 04/30 #28 #26 NSF #24 #23 #29 5,000 6,000 1,400 2,000 7,500 1,450 30,000 4,780 2,580 3,750 1,750 8,500 36,950 26,950 26,450 26,330 PMT INT SC NSF = Not Sufficient Funds SC = Service Charge PMT = Payment of Principal on the Loan INT-Interest on Bank Loan