The following data were accumulated for use in reconciling the bank account of Western Co. for March: a. Cash balance according to the company's records at March 31, $13,846. b. Cash balance according to the bank statement at March 31, $10,931. c. Checks outstanding $6,870. d. Deposit in transit, not recorded by bank $10,340. e. A check for $180 in payment of an account was erroneously recorded in the check register as $810. f. Bank Debit memo for service charges, $75. 1. Prepare a bank reconciliation 2. If the balance sheet were prepared for Western Co. on March 31, what amount should be reported for cash? 3. Must a bank reconciliation always balance? 4. Journalize the entries needed to be made by the company.