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 $67,166. The general ledger Cash account, No. 101, shows an ending cash balance per books of $67,616 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.

1. The bank erroneously cleared a $460 check against the company account in March that S.Rey did not issue. The check was actually issued by Business Systems.
2. On March 25, the bank statement lists a $43 charge for the safety deposit box. Santana has not yet recorded this expense.
3. On March 26, the bank statement lists a $103 charge for printed checks that Business Solutions ordered from the bank. Santana has not yet recorded this expense.
4. On March 31, the bank statement lists $31 interest earned on Business Solutionss checking account for the month of March. Santana has not yet recorded this revenue.
5. S. Rey notices that the check she issued for $125 on March 31, 2020, has not yet cleared the bank.
6. S. Rey verifies that all deposits made in March do appear on the March bank statement.

2. Prepare any necessary adjusting entries. Use Miscellaneous Expenses, for any bank charges. Use Interest Revenue, for any interest earned on the checking account for March. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

1

• Record journal entry related to the $460 check charged erroneously to Business Solutions' account, if required.'

Date	General Journal	Debit	Credit
Mar 31

• Record the journal entry related to the $43 debit memorandum, if required.

Date	General Journal	Debit	Credit
Mar 31

Record the journal entry related to the $103 debit memorandum for printed checks, if required.

Date	General Journal	Debit	Credit
Mar 31

Record the journal entry for the $31 interest earned, if required.

Date	General Journal	Debit	Credit
Mar 31

• S. Rey verifies that all deposits made in March do appear on the March bank statement, if required.

Date	General Journal	Debit	Credit
Mar 31