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 $$66,666.$ The general ledger Cash account, No$.101,$ shows an ending cash balance per books of $$67,171$ 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 $$520$ 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 $$56$ charge for the safety deposit box. Santana has not yet recorded this expense.

C$.$ On March $26,$ the bank statement lists a $$102$ 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 $$136$ on March $31,2020,$ has not yet cleared the bank.

Required:

Prepare a bank reconciliation for Business Solutions for the month ended March $31,2020.$

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.$)$

Pre. $V$

$22$ of $27$

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