The bank reconciliation prepared by TJ Company on March 31, 2017, follows: TJ Company Bank Reconciliation March 31, 2017 $7,670 Book balance $8,590 Bank statement balance Add: Deposit of March 31 in transit... 1,100 $8,770 Deduct: Outstanding cheques #797: #804: Adjusted bank balance $ 60 120 180 $8,590 Adjusted book balaca $8.590 The following bank statement is available for April: To: 3 Company Bank Statement April 30, 2017 Bank of Nova Scotia Deposits/Credits Balance Cheques/Charges/Debits #811 #807 #810 NSF BOB #797 *814 813 04/03 04/07 04/13 04/18 04/23 04/27 04/30 04/30 834 375 208 450 850 60 04/03 04/07 04/13 04/18 04/23 04/27 04/30 INT 1.100 810 690 680 355 750 620 7.670 7.936 8,371 8.853 9,083 8.588 9.278 9.348 550 372 4 9023 #809 04/30 SC 04/30 NSF Not Sufficient Funds 124 32 04/30 SC - Service Charge 8.899 8,867 INT-Interest 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 7 13 18 23 27 30 30 Total April Cash Receipts. $ 810 690 680 355 750 620 770 $4,675 Cheques Written No. 807 BOB 809 810, 811 812 813 814. 815 816 Total April Cash Disbursements $ 375 850 124 208 348 202 372 550 405 002 $4.041 Scauneu wilIT LAITISC bads/BRS.pdf General Ledger Cash Account: Date Explanation Cash Debit PR Acct. No. 101 Balance Credit Balance 2017 March 31 April 30 30 CR12 CD14 4,675 8,590 13,265 9.224 4.041 In reviewing cheques returned by the bank, the bookkeeper discovered that cheque #811, for delivery expense, was recorded in the cash disbursements journal incorrectly as $348. The NSF cheque for $450 was that of customer A. Hussain, deposited in April. Planning the Solution Set up a schedule like Exhibit 7.10 with a bank side and a book side for the reconciliation. Follow the nine steps used in the chapter to prepare the bank reconciliation. For every reconciling item on the book side, prepare an entry, if required. Prepare an answer to the analysis component