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Swifty Food Store developed the following information in recording its bank statement for the month of March. (1) Checks written in March but still outstanding
Swifty Food Store developed the following information in recording its bank statement for the month of March. (1) Checks written in March but still outstanding $2,000. (2) The bank collected a note receivable for the company for $825. (3) NSF check of customer returned by bank $200. (4) Check No. 210 in the amount of $520 for payment on account was correctly issued and paid by bank but incorrectly entered in the books general ledger for $420. (5) Bank service charge for March was \$25. (6) Deposits in transit $3,600. Instructions: Prepare a bank reconciliation at March 31
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