Main Question:

Please include detailed steps

On April 1, 2004, Janet Pergola, owner of Pergola Fish Finders Inc., faxed her current cash records to a friend, Moe McCully, C.A. Along with the records, Janet scribbled the following information on the fax cover sheet: "Started petty cash float, lots of bank memos. . . . Off buying marlin in Venezuela, thanks!" REQUIRED a. Prepare a bank reconciliation for the month of March 2004, based on Exhibits 1 to 5. Assume any errors in recording are Pergola's. b. Prepare, using journal entries, all necessary correcting entries, and the related account types to ensure Pergola's ending cash balance is correct. Exhibit 2 CASH DISBURSEMENTS JOURNAL March 2004 Exhibit 3 CASH RECEIPTS JOURNAL March 2004 Exhibit 4 BANK STATEMENT For the month ended March 31, 2004 Exhibit 5 PERSONAL NOTES WRITTEN BY JANET PERGOLA For the month ended March 31, 2004 1. To start the petty cash float, $400 cash was withdrawn from the bank on March 1, 2004 . 2. In subsequent discussions with the bank, cheque #40 was actually issued in the amount of $966.66 in payment for customer delivery services rendered by Clarkson Deliveries. 3. Bank service charges of $132 include overdraft charges and $20 NSF fee resulting from a customer's cheque that bounced. It was Pergola's policy to charge the customer for these NSF fees. 4. A cheque in the amount of $2,223.38 from Cajun Creations was returned by the bank and was marked NSF