The following information is available for the Victor Company for its March 31 bank reconciliation:

From the March 31 bank statement: Previous Balance Total Checks and Debits Total Deposits and Credits Current Balance $9,908 $7,805 $11,905 $14,008 Checks and Debits Deposits and Credits Daily Balance Date No. Amount Date Amount Date Amount 03/03 2874 1,210 03/02 4,340 03/01 9,908 03/11 2906 3,850 03/27 7,270 03/02 14,248 03/15 2905 170 03/31 295 IN 03/03 1,038 03/25 2909 725 03/11 9,188 03/29 2908 1,350 03/15 9,018 03/30 500 NSF 03/25 8,293 03/27 15,563 03/29 14,213 03/30 13,713 03/31 14,008

NSF: A check from a customer, Booker Co. in payment of their account.

IN: Interest earned on the account.

From the Victor Company's accounting records: Cash Receipts Deposited Date Cash Debit March 7 4,340 27 7,270 31 2,090 13,700 Cash Disbursements 4 Cash Disbursements Check No. Cash Debit 2905 170 2906 3,850 2907 460 2908 1,350 2909 725 2910 340 6,895 Cash Acct. No. 101 Date Explanation PR Debit Credit Balance February 28 Balance 8,698 March 31 Total receipts R4 13,700 22,398 31 Total disbursements D5 6,895 15,503

1. Based on the above information, prepare a bank reconciliation for the Victor Company. 2. Prepare the necessary general journal entries to adjust cash to the reconciled balance