The following information was used to prepare the March $2020,$ bank reconciliation for William's Store. Identify the items that require adjustment to the cash balance per books and prepare the appropriate adjusting entries. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. Recond joumal entries in the order presented in the problem. Round answers to $2$ decimal places, es$.52\mathrm{.}75.$ List all debit entries before credit entries.$)$

Included with the bank statement materials was a check from Stan Kenton for $$84\mathrm{.}00$ stamped $"$NSF$."$

A personal deposit by William Snead to his personal account in the amount of $$414\mathrm{.}00$ for dividends on his General Motors common stock was credited to the company account.

The bank statement included a debit memorandum for $$65\mathrm{.}00$ for two books of blank checks for William's Store.

The bank statement contains a credit memorandum for $$61\mathrm{.}45$ interest on the average checking account balance.

The daily deposits of March $30$ and March $31,$ for $$3,666\mathrm{.}00$ and $$3,249\mathrm{.}00$ respectively, were not included in the bank statement postings.

Two checks totaling $$395\mathrm{.}86,$ which were outstanding at the end of February, cleared in March and were returned with the March statement.

The bank statement included a credit memorandum dated March $28,2020,$ for $$88\mathrm{.}00$ for the monthly interest on a $6$ month, $$18,100\mathrm{.}00$ certificate of deposit that the company owns.

Four checks, #$8722,$#$8726,$ #$8728,$ #$8729,$ totaling $$5,970\mathrm{.}65,$ did not clear the bank during March.

On March $24,2020,$ William's Store delivered to the bank for collection a $$5,434,00,3-$month note from Bill Becker. A credit memorandum dated March $29,2020,$ indicated the collection of the note and $$154\mathrm{.}00$ of interest.

The bank statement included a debit memorandum for $$59\mathrm{.}00$ for the collection service on the above note and interest.

Item

Account Titles and Explanation

Debit

Credit