The cash data of Duffy Automotive for March 2014 follow:

Cash
Date				Item	Jrnl. Ref		Debit	Credit		Balance
March 1				Balance						7,900
31					CR 6		9,784			17,684
31					CP 11			10,785		6,899
Cash Receipts (CR)			Cash Payments (CP)
Date	Cash Debit		Cheque No.			Cash Credit
March 2	$3,141		3113			$1,285
8	519		3114			1,403
10	661		3115			1,830
16	815		3116			216
22	1,475		3117			1,236
29	1,200		3118			254
30	1,973		3119			645
Total	$9,784		3120			1,477
			3121			92
			3122			2,347
			Total			$10,785

Duffy received the following bank statement on March 31, 2014

Requirement 1. Prepare the Duffy Automotive bank reconciliation at March 31, 2014

.

(Leave unused cells blank.)

Duffy Automotive
Bank Reconciliation
March 31, 2014
BANK:
			Add:
			Less:
					Cheque No.
BOOKS:
	Add:
	Less:

Requirement 2. Describe how a bank account and the bank reconciliation help the general manager control Duffy 's cash. (Select all statements that apply. Leave unused cells blank.)

A bank account helps control cash by:

A bank reconciliation helps control cash by: (Select all statements that apply. Leave unused cells blank.)