In March 2023, Crystal Clear Cleaning opened a new chequing account at First Provincial Bank. The bank statement dated March 31, 2023, for Crystal Clear Cleaning follows:

Crystal Clear Cleaning’s Cash account in the general ledger shows the following transactions for March:

Required

1. Prepare the bank reconciliation at March 31, 2023.

2. Journalize any required entries from the bank reconciliation. Post to the Cash T-account to verify the balance of the account matches the adjusted book balance from the bank reconciliation.

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BEGINNING BALANCE $0 DEPOSITS Deposit Deposit Deposit Deposit EFT Peg's Restaurant(1) Interest Revenue CHARGES Service Charge TOTAL DEPOSITS CHEQUES Number 235 237 103,300 Amount 2,400 1,500 OTHER DEDUCTIONS EFT to Cheque Art (2) EFT to Canadian Energy (3) TOTAL WITHDRAWALS 9,240 TRANSACTIONS Number 236 239 (1) Peg's Restaurant is a customer making a payment on account. (2) Cheque Art is a company that prints business cheques (considered a bank charges expense) for Crystal Clear Cleaning. (3) Canadian Energy is a utility provider. Amount 2,900 2,000 DATE 03/02 03/28 SERVICE CHARGES 25 DATE 03/02 03/10 03/18 03/20 03/23 03/31 DATE 03/31 Number 240 BANK STATEMENT MARCH 31, 2023 ENDING BALANCE $94,035 AMOUNT 33,000 900 19,000 50,000 350 50 AMOUNT 25 Amount 300 AMOUNT 10 130