Answer Happy

Dine-Corp International publishes ratings and reviews of the
world's finest restaurants. Following
are facts you need to prepare Dine-Corp's March bank
reconciliation:
Balance per company records at end of month $ 72,644.12
Bank service charge for the month 44.00
NSF check returned with bank statement 1,440.66
Note collected by the bank during the month 45,000.00
Outstanding checks at month end 31,553.57
Interest on note collected during the month 4,500.00
Balance per bank at end of month 144,223.99
Deposit in transit at month end 7,989.04
1) What total amount should be added to the company's book
records?
4,500.00
45,000.00
49,500.00
7,989.04
2) What needs to be journalized as adjusting entry for this
bank reconciliation?
No Adjusting Entries are needed.
Anything that has been adjusted in the company record (Book)
side of the bank reconciliation.
Anything that has been adjusted in the Bank side of the bank
reconciliation.
Mostly, the book side needs adjustments.