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Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash balance of

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Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash balance of $67,366. The general ledger Cash account, No. 101, shows an ending cash balance per books of $67,776 as of March 31 (prior to any reconciliation). A comparison of the bank statement with the general ledger Cash account, No. 101, reveals the following. a. The bank erroneously cleared a $430 check against the company account in March that S.Rey did not issue. The check was actually issued by Business Systems. b. On March 25, the bank statement lists a $51 charge for the safety deposit box. Santana has not yet recorded this expense. c. On March 26, the bank statement lists a $100 charge for printed checks that Business Solutions ordered from the bank. Santana has not yet recorded this expense. d. On March 31, the bank statement lists $37 interest earned on Business Solutions's checking account for the month of March. Santana has not yet recorded this revenue. e. S. Rey notices that the check she issued for $134 on March 31, 2020, has not yet cleared the bank. f. S. Rey verifies that all deposits made in March do appear on the March bank statement Required: 1. Prepare a bank reconciliation for Business Solutions for the month ended March 31, 2020. BUSINESS SOLUTIONS Bank Reconciliation March 31, 2020 Book balance Bank statement balance Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted book balance

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