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Venturi Office Supply Company received a bank statement showing a balance of $67,655 as of March 31, 20X1. The firm's records showed a book balance

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Venturi Office Supply Company received a bank statement showing a balance of $67,655 as of March 31, 20X1. The firm's records showed a book balance of $69.445 on March 31. The difference between the two balances was caused by the following items. 1. A debit memorandum for $43, which covers the bank's collection fee for the note. 2. A deposit in transit of $3,350. 3. A check for $241 issued by another firm that was mistakenly charged to Venturi's account. 4. A debit memorandum for an NSF check of $6,100 issued by Wilson Construction Company, a credit customer. 5. Outstanding checks: Check 3782 for $1,850; Check 3840 for $144. 6. A credit memorandum for a $5.950 noninterest-bearing note receivable that the bank collected for the firm. Prepare a bank reconciliation statement for the firm as of March 31 and the necessary Journal entries from the statement Complete this question by entering your answers in the tabs below. Bank Rec Stmt General Journal Prepare a bank reconciliation statement for the firm as of March 31. VENTURI OFFICE SUPPLY COMPANY Bank Reconciliation Statement March 31, 20X1 Balance on bank statement Additions Deductions for outstanding checks: Total outstanding checks Adjusted bank balance Balance in books Additions Deductions

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