Stewart Recording Studio, owned by Ron Stewart, showed the following bank reconciliation at March 31 Stewart Hecording Studio Bank Reconciliation March 31, 2020 $22,700 Book balance 10,270 $32,970 $31,785 Bank statement balance Add: Deposit of March Ji in transit Deduct: Outstanding cheques 014 222 Adjusted bank balance 327 1,185 531,785 Adjusted book balance 331,785 Cash Explanation PR Debit Acct. No. 101 Balance Credit Date 2020 March April 31 Balance 30 30 CR17 CD13 73,372 31,785 105,157 9,012 96,140 A list of deposits made and cheques written during April, taken from the Cash Receipts Journal and Cash Disbursements Journal, is shown below Deposits Made April 5 7 13 708 4,720 A list of deposits made and cheques written during April, taken from the Cash Receipts Journal and Cash Disbursements Journal, is shown below Deposits de Apesi 5 700 13 10 23 27 30 6,056 14,266 1. 45,124 573,372 Total April Cash Receipts Che written 25 $5,338 3,214 964 320 27 20,758 30 31 Total aril Cath Disbursements 12,066 590, 100 The following bank statement is available for April Bank Statement The following bank statement is available for April: Bank Statement Deposits/Credits To: Stewart Recording Studio Cheques/Charges 31 04/03 04/07 326 04/13 NSF 04/13 24 04/23 34/27 229 04/30 PHT 04/30 INT 04/30 SC 04/30 NSF - Not sufficient Funds 436 9,480 328 15,822 3,234 5,338 20,758 16,812 738 187 SC = Service Charge 04/03 04/07 04/13 04/18 04/23 04/27 84/30 10,270 708 4,720 6,056 14,266 1,798 126,000 April 30, 2020 Bank of Canada Balance 22,700 32,534 23,842 28,234 19,268 30,300 26,760 132,002 115,190 114,452 114,265 INT - Interest on Bank Loan PHT - Payment of Principal on the loan In reviewing cheques returned by the bank, the bookkeeper discovered that cheque #28, for delivery expense, was recorded in the Cash Disbursements Journal correctly as $4.900 The NSF cheque for $15,022 was that of customer Oprah Winney, deposited in March On the bank statement, the payment for $16.812 is regarding a note payable There is also a deposit of $126.000 dated April 30, it is an investment made by the owner into the business the bank transferred the funds electronically from the owner's personal account to his business account which is why it was not recorded in the Cash Receipts Joumal). Required: o. Prepare a bank reconciliation for Stewart Recording Studio at April 30. STEWART RECORDING STUDIO Bank Reconciliation April 30, 2020 Bank Statement Company's Books Bank statement balance Add: Book balance Add: 0 0 Deduct: Deduct: Outstanding cheques 0 Adiusted bank balance TAdjusted book balance View transaction list Journal entry worksheet Record to reinstate customer account. Note: Enter debits before credits Dato General Journal Debit Credit Apr 30 Journal entry worksheet Record the April interest expense. Note Enter debits before credits Date General Journal Dobil Credit Apr 30 View transaction list Journal entry worksheet 1 2 3 5 Record the April payment on note. Note: Enter debits before credits. Date General Journal Debit Credit Apr 30 bank reconciliation, View transaction list Journal entry worksheet 1 23 4 Record the investment by owner. Note: Enter debits before credits Date General Journal Debit Credit Apr 30