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Santana Rey receives the March bank statement for Business Solutions on April 1 1 , 2 0 2 2 . The March 3 1 bank
Santana Rey receives the March bank statement for Business Solutions on April The March bank statement shows an
ending cash balance of $ The general ledger Cash account, Number shows an ending cash balance per books of $
as of March prior to any reconciliation A comparison of the bank statement with the general ledger Cash account, Number
reveals the following.
a The bank erroneously cleared a $ check against the company account in March that Rey did not issue. The check was
actually issued by Business Systems.
b On March the bank statement lists a $ charge for a safety deposit box. Santana has not yet recorded this expense.
c On March the bank statement lists a $ charge for printed checks that Business Solutions ordered from the bank. Santana
has not yet recorded this expense.
d On March the bank statement lists $ 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 $ on March has not yet cleared the bank.
f S Rey verifies that all deposits made in March do appear on the March bank statement.
Required:
prepare any necessary entries. Use misc expenses for any bank charges. use interest revenue for any interest earned on the checking account for march. note if no entry is required for a transactionevent select no journal entry is required in the first account field
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