Santana Rey receives the March bank statement for Business Solutions on April 11, 2022. The March 31 bank statement show

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answerhappygod
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Santana Rey receives the March bank statement for Business Solutions on April 11, 2022. The March 31 bank statement show

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Santana Rey receives the March bank statement for Business
Solutions on April 11, 2022. The March 31 bank statement shows an
ending cash balance of $67,766. The general ledger Cash
account, Number 101, shows an ending cash balance per books of
$68,185 as of March 31 (prior to any reconciliation). A
comparison of the bank statement with the general ledger Cash
account, Number 101, reveals the following.
Required:
1. Prepare a bank reconciliation for Business
Solutions for the month ended March 31, 2022.
2. Prepare any necessary 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.)
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