Exercise 9.7 (Static) Preparing a bank reconciliation statement. LO 9-9, 9-10 Venturi Office Supplies received a bank statement showing a balance of $73,027 as of March 31, 20X1. The firm's records showed a book balance of $72,987 on March 31. The difference between the two balances was caused by the following items. 1. A debit memorandum for $40, which covers the bank's collection fee for the note. 2. A deposit in transit of $3,700. 3. A check for $378 issued by another firm that was mistakenly charged to Venturi's account 4. A debit memorandum for an NSF check of $4,643 issued by Wilson Construction Company, a credit customer. 5. Outstanding checks: Check 3782 for $1,250; Check 3840 for $151. 6. A credit memorandum for a $7,400 noninterest-bearing note receivable that the bank collected for the firm, Prepare a bank reconciliation statement for the firm as of March 31 and the necessary Journal entries from the statement Complete this question by entering your answers in the tabs below. Bank Rec Stmt General Journal Prepare a bank reconciliation statement for the firm as of March 31. VENTURI OFFICE SUPPLIES Bank Reconciliation Statement March 31, 20X1 Balance on bank statement Additions: Deposit in transit O 0 Deductions for outstanding checks: VENTURI OFFICE SUPPLIES Bank Reconciliation Statement March 31, 20X1 Balance on bank statement Additions: Deposit in transit 0 0 Deductions for outstanding checks: Total outstanding checks Adjusted bank balance 0 $ 0 Balance in books Additions: Deductions: 0 Adjusted book balance $ 0 Bank Roc tot General Journal > Bank Rec Stmt General Journal Prepare the necessary journal entries for March 31, 20x1 from the statement. (If no entry is required for a particular transaction, "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 4 5 6 Record the bank collection fee, Note: Enter debits before credits General Journal Debit Credit Date Mar 31 20X1 Record entry Clear entry View general Journal MacBook Bank Rec Stmt General Journal Prepare the necessary journal entries for March 31, 20x1 from the statement. (If no entry is "No journal entry required" in the first account field.) View transaction list Journal entry worksheet MacBook 9 80 F3 000 000 F4 ank Rec Stmt General Journal Prepare the necessary journal entries for March 31, 20x1 from the statement. (If no entry is required for a pa "No journal entry required" in the first account field.) View transaction list Journal entry worksheet