Santana Rey receives the March bank statement for Business Solutions on April 11, 2022. The March 31 bank statement shows an ending cash balance of $68,366. The general ledger Cash account, Number 101, shows an ending cash balance per books of $68,957 as of March 31 (prior to any reconciliation). A comparison of the bank statement with the general ledger Cash account, Number 101, reveals the following.

1. The bank erroneously cleared a $600 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 $45 charge for a safety deposit box. Santana has not yet recorded this expense.
3. On March 26, the bank statement lists a $106 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 $36 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 $124 on March 31, 2022, has not yet cleared the bank.
6. 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, 2022.

Prepare a bank reconciliation for Business Solutions for the month ended March 31, 2022