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1 0 Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash

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1 0 Santana Rey receives the March bank statement for Business Solutions on April 11, 2020. The March 31 bank statement shows an ending cash balance of $68,566 The general ledger Cash account, No 101, shows an ending cash balance per books of $69.001 as of March 31 (prior to any reconciliation) A comparison of the bank statement with the general ledger Cash account, No 101, reveals the following a. The bank erroneously cleared a $450 check against the company account in March that s Rey did not issue. The check was actually issued by Business Systems b. On March 25, the bank statement lists a 549 charge for the safety deposit box Santana has not yet recorded this expense. c. On March 26, the bank statement lists a S109 charge for printed checks that Business Solutions ordered from the bank Santana has not yet recorded this expense d. On March 31, the bank statement lists $44 interest earned on Business Solutions's checking account for the month of March Santana has not yet recorded this revenue: e. S Rey notices that the check she issued for $129 on March 31, 2020, has not yet cleared the bank f. S. Rey verifies that all deposits made in March do appear on the March bank statement Boc Perences Required: 1. Prepare a bank reconciliation for Business Solutions for the month ended March 31, 2020 BUSINESS SOLUTIONS Bonk Reconciliation March 31, 2020 Book balance Add Bank statement balance Add Deduct Deduct 11 1 2. Prepare any necessary adjusting entries. Use Miscellaneous Expenses, for any bank charges Use Interest Revenue, for any interest earned on the checking account for March (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list BOOK Journal entry worksheet -Print Record journal entry related to the $450 check charged erroneously Business Solutions' account, if required Note: Enter debits before credits General Journal Date Mar 31 Debit Credit Record entry Clear entry View general Journal

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