Water Way Company rents canoes for use on local lakes and rivers and also carries and sells T-shirts with its logo printed on them. Water Way Company has decided to open a new checking account at Stream City Bank during March 2019. Water Way Company's March Cash T-account for the new cash account from its general ledger is as follows: (Click the icon to view the T-account.) Requirement 1. Prepare the bank reconciliation at March 31, 2019. Water Way Company's bank statement dated March 31, 2019, follows: (Click the icon to view the bank statement.) Read the requirements. ADD: LESS: BANK Water Way Company Bank Reconciliation for Stream City Bank Checking Account March 31, 2019 ADD: LESS: BOOKS Requirement 2. Journalize any transactions required from the bank reconciliation. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing the EFT bank collection on account from T-shirt Ted (a customer). Date Mar. 31 (a) Accounts and Explanation Debit Credit * Data Table Beginning Balance, March 1, 2019 Deposits and other credits: Is T-shirts with its logo printed on nk during March 2019. Iger is as follows: Water Way Company's bank statement dated March 31, 2019, follows: (Click the icon to view the bank statement.) Read the requirements. Mar. 2 $ 35,000 14 3,600 ng Acc Data Table 21 4,850 28 2,000 29 EFT T-shirt Ted' 400 Cash-Stream City Bank Checking Account 25 31 Interest Revenue 45,875 Mar. 1 Balance 0 Checks and other debits: 2 Deposit 35,000 800 Mar. 2 Ck#101 Mar. 2 EFT to Print Craze** 50 13 Deposit 3,600 4,700 4 Ck#102 3 Ck#101 800 20 Deposit 4,850 600 9 Ck#103 6 Ck#102 4,700 27 Deposit 2,000 1,415 14 Ck#104 15 Ck#104 1,415 31 Deposit 3,990 1,200 21 Ck#105 16 Ck#103 600 205 28 CK#106 28 EFT to Wire Energy*** 320 1,100 30 Ck#107 29 Ck#106 205 Mar. 31 Balance 39,420 31 Bank service charge 15 (8,105) Ending Balance, March, 31, 2019 37,770 Bebits Print Done T-shirt Ted is a customer making a payment on account. Print Craze is a company that prints business checks (considered a bank Credit expense) for Water Way Company. ***Wire Energy is a utility provider. Print Dene Water Way Company rents canoes for use on local lakes and rivers and also carries and sells T-shirts with its logo printed on them. Water Way Company has decided to open a new checking account at Stream City Bank during March 2019. Water Way Company's March Cash T-account for the new cash account from its general ledger is as follows: (Click the icon to view the T-account.) Water Way Company's bank statement dated March 31, 2019, follows: (Click the icon to view the bank statement.) Read the requirements. Date Mar. 31 (b) Accounts and Explanation Record the EFT payment to Print Craze. Date Mar. 31 (c) Debit Credit Accounts and Explanation Debit Credit Record the EFT payment to Wire Energy. Date Mar. 31 (d) Accounts and Explanation Debit Credit Record the bank service charges. Water Way Company rents canoes for use on local lakes and rivers and also carries and sells T-shirts with its logo printed on them. Water Way Company has decided to open a new checking account at Stream City Bank during March 2019. Water Way Company's March Cash T-account for the new cash account from its general ledger is as follows: (Click the icon to view the T-account.) Water Way Company's bank statement dated March 31, 2019, follows: (Click the icon to view the bank statement.) Read the requirements. Record the bank service charges. Date Mar. 31 (e) Accounts and Explanation Debit Credit Requirement 3. Compute the adjusted account balance for the Cash T-account, and denote the balance as End. Bal. Does the adjusted balance of the Cash T-account match the adjusted book balance on the bank reconciliation? Start by computing the adjusted account balance for the Cash T-account. Enter the unadjusted balance along with a "Mar. 31 Unadj. Bal." reference on the first line of the T-account. Post the adjusting entries, along with the appropriate references (i.e., use a "Mar. 31 (a)" reference to post adjusting entry (a) from Requirement 2, and so on), using the next three lines of the T-account as needed. Finally, post the adjusted balance of the account, along with a "Mar. 31 End. Bal." reference on the final line of the T-account. Cash-Stream City Bank Checking Account The adjusted balance of the Cash-Stream City Bank Checking Account T-account the adjusted book balance on the bank reconciliation