Search took Solutions finding the one Pudia Fan * ECO newconnect.meducation.com low/connect.html Help Save & Ext Madison Company's cash ledger reports the following for the month ending March 31, Date 1,200 564 3719 Cash receipt $12.500 Disbursements Balance on March 31 Information from March's bank statement and company records reveals the following additional information a. The ending cash balance recorded in the bank statement is $8.198 b. Cash receipts of $2300 from 3/26-3/31 are outstanding c. Checks 545 and 547 are outstanding d. The deposit on 3/11 included a customer's check for $400 that did not clear the bank (NSF check e. Check 543 was written for $3.300 for office supplies in March. The bank properly recorded the check for this amount An automatic withdrawal for Marchent was made on Much 4 for $1000 9. Madison's checking account earns interest based on the average daily balance. The amount of interest earned for March is $58 h. Last year, one of Madison's top executives borrowed 54,100 from Madison On March 24. the executive paid $4320 ($4,100 borrowed amount plus $220 interest) directly to the bank in payment for the borrowing L The bank charged the following service fees: $38 for NSF check 513 for automatic withdrawal for rent payment and $29 for collection of the loan amount from the executive 1. Prepare a bank reconciliation for March 31 (Amounts to be deducted should be indicated with a minus sign)