Frying Nemo, a British$-$style fish and chips pub, is reconciling its accounts at the end of March, $2024.$ The bank statement indicates a balance of $$26,700$ while the accounting records show a balance of $$29,255.$ Prepare the bank reconciliation in the table below based on the following:

Outstanding checks total $$5,500$

Deposits in transit total $$1,500$

Interest earned on the bank balance during the month totaled $$5$

The bank returned an NSF check for $$4,500$ originally taken for payment of accounts receivable.

A check cleared the bank for $$1,000$ but had mistakenly been recorded in the books as a $$1,000$ debit to cash instead of a $$1,000$ credit.

Bank service charges for the month totaled $$60$

NOTE: Enter additions as positive amounts and deductions as negative amounts. Be sure to select appropriate descriptions for each amount from the drop$-$down list. Different than your homework, you do not need to place additions and deductions in separate sections of the reconciliation.

You are not required to record any adjusting journal entries that may result from the reconciliation process.