The bank statement balance for Hot plate inc. as of March 31st is $5,150. Hot plates records show that there is $3,300 in deposits in transit and $5,000 in outstanding checks that have not cleared. The book cash balance on March 31st is $3,750. Reviewing the bank statement shows several transactions that perhaps should be recorded. On the bank statements there were service charges of $75; an NSF check in the amount of $250; and interest earned $25.

A. Calculate the reconciled company balance of cash for March. You do not need to do the actual reconciliation just give the balance.

B. Choose one of the items that needs to be recorded in the company's books and make the journal entry.