1 ACC 213 Accounting Lab #5 for Chapter 6 3 Complete the Baneconciliation (Part A) and the Journal Entries (Part 8) from 4 the Information provided. S 6 Part A: Name: 7 Information from the Bank Bank Statement ABC Bank Information from the Company's accounting system XYZ Company Cash Account with ABC Bank 40-1004 11 10 XYZ Company 12 Beginning Balance at 3/1/2021 13 Total Deposits and other credits 14 Total checks and other debits 15 Ending Balance at 3/31/2021 16 17 Checks & Debits Acct#40-1004 Date: 3/31/2021 $13,735.00 3/1 balance $14,009 5,836.00 3417.00 $16,154.00 Deposits and Credits 18 Check Amount Date Amount 19 1467 $76 1-Mar 850 20 1468 62 2-Mar 1276 21 1469 572 12-Mar 2247 22 1470 118 17-Mar 231 23 1471 395 23-Mar 453 24 1473 1155 Credit Memo1 779 25 3475 199 26 Debit Memo1 25 27 Debit Memo 2 335 28 29 OM1 is a bank service charge 30 DM2 is for an NSF check CM1 is for collection of accounts receivable 31 32 33 34 2-Mar 12-Mar 17-Mar 23-Mar 31-Mar 1276 2247 62 Chk#1468 572 Chi 1469. 231 453 395 Chk#1471 1600 347 tri: 1872 1155 Chi 1973 3/31 balance $16,981 Note: All checks paid by the bank were paid for the amounts written on the checks by XYZ Company. Check #1475 was for the utility bill. February Bank Reconciliation Information Balance on 2/28 per bank Deposits in transit Outstanding Checks 13735) 850 576 14009 35 A. Prepare a bank reconciliation for March 36 Sheett True Balance B. Prepare any journal entries that the company should make on 3/31 after reconciling the cash account.