It says that bank interest and bank error is wrong under the bank statement balance part... Can you help me fix my errors to make the bank reconciliayion right.......!!!!!!!!! Santana Rey receives the March bank statement for Business Solutions on April The March bank statement shows an ending cash balance of $ The general ledger Cash account, Number shows an ending cash balance per books of $ as of March prior to any reconciliation A comparison of the bank statement with the general ledger Cash account, Number reveals the following.
a The bank erroneously cleared a $ check against the company account in March that Rey did not issue. The check was actually issued by Business Systems.
b On March the bank statement lists a $ charge for the safety deposit box. Santana has not yet recorded this expense.
c On March the bank statement lists a $ charge for printed checks that Business Solutions ordered from the bank. Santana has not yet recorded this expense.
d On March the bank statement lists $ 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 $ on March has not yet cleared the bank.
f S Rey verifies that all deposits made in March do appear on the March bank statement.
Required:
Prepare a bank reconciliation for Business Solutions for the month ended March