The cash data of Dickson Automotive for March 2021 follow: B (Click the icon to view the checkbook.) Dickson Automotive received the following bank statement on March 31, 2021: (Click the icon to view the bank statement.) (Click the icon to view the additional data for the bank reconciliation.) Read the requirements $ $ Bank Statement for March 2021 Beginning balance 7,950 Deposits and other additions: March 1 800 EFT 4 2.833 9 505 12 1.635 17 893 22 409 23 1,300 BC 8,175 Checks and other deductions March 7 S 1.458 13 1,370 14 404 US 15 1,651 18 84 21 300 EFT 28 830 30 97 30 20 SC (6.212) $ 9.913 Ending balance Explanation: BC-bank collection of note receivable from customer, EFT-electronic funds transfer, US - unauthorized signature, SC -service charge Data Table Jml. Ref. Debit Cash Date March 1 30 30 Item Balance Account No. 101 Credit Balance 7,950 17.402 9,912 7,490 9,4521 CR 6 CP 11 Cash Receipts (CR) Cash Payments (CP) Date Cash Debit March 2 5 2.833 8 8 505 10 1,635 16 893 22 409 29 879 30 2,298 S Total 9,452 Check No. Cash Credit 3113 S 1,458 3114 1,651 3115 1,730 3116 3117 830 3118 97 3119 443 3120 3121 969 279 2.373 3122 S Total 9,912 Requirement 1. Prepare the Dickson Automotive bank reconciliation at March 31, 2021. Prepare the Bank side of the bank reconciliation, then prepare the Book side of the bank recondition. (Include the balances at March 31 in each of the addition subotal calculations. If an input field is not used in the table, leave the field emply do not select a label or enter a zoro) Dlokcon Automotive Bank Raooolllation March 31, 2021 Bank: Subtotal LNE| Check No Book Add Subtotal LASS II Requirement 2. Prepare the journal entries required at March 31, 2021. (Record debits first, then credits. Exclude explanations from all joumal entries.) Record the EFT deposit. Journal Entry Accounts Date Debit Credit Mar 31 Record the bank collection of not receivable. Journal Entry Accounts Date Debit Credit Mar 31 Record the correction for check #3115. Journal Entry Accounts Date Debit Credit Mar 31 Journal Entry Accounts Date Debit Credit Mar 31 Record the unauthorized signature (US) check returned by the bank Journal Entry Accounts Date Debit Credit Mar 31 Finally, record the bank service charge. Journal Entry Date Accounts Debit Credit Mar 31 Requirement 3. Describe how a bank account and the bank reconciliation help the general manager control Dickson Automotive's cash. A bank account helps control cash by: (Select all statements that apply. If an input field is not used in the table, leave the field empty; do not select a label.) A bank reconciliation helps control cash by: (Select all statements that apply. If an input field is not used in the table, leave the field empty; do not select a label.)