Problem Solving 1. You work for an investor. Your responsibilities include keeping a record of money received and preparing cheques for expenses. When you reconciled the bank statement for March, you had a difference of $550 between the cheque- a $ book balance and the bank statement balance. The bank statement was $550 more. You rechecked every entry. You finally remembered that your manager had recently pur- chased a house to rent and had instructed the renter to mail the rent cheque to the bank. You went through the cheques and other items returned from the bank. There was a deposit slip for $550. What entry should you make in the chequebook