Question $2[35$ points$]$

Consider the following information and prepare a bank reconciliation, along with any resulting journal entries, for Southgate Inc. for the month ended March $31,2020.$

Please enter journal entries for each of the following, if required.

Enter the corresponding number as the description for each entry. Also, the dates must be entered in the format $d\frac{d}{m}mm($ie $\frac{15}{J}an).$

Deposit in transit

Interest earned

NSF check

Bank service charge

Error

Notes receivable collected

Outstanding check

$\backslash$table$[[$Bank Statement$],[$To: Southgate Inc.,March $31,2020],[$Deposits$/$Credits$,$Balance$],[$Checks$/$Charges$/$Debits$,,,19,600],[,,1,100,05/$Mar$,1,200,19,700],[$#$300,07/$Mar$,1,300,07/$Mar$,1,250,19,650],[$#$311,11/$Mar$,1,000,11/$Mar$,1,000,19,650],[$#$312,13/$Mar$,1,000,13/$Mar$,1,050,19,700],[$#$309,17/$Mar$,1,450,17/$Mar$,750,19,000],[$#$308,19/$Mar$,1,100,,,17,900],[$#$307,16/$Mar$,1,000,,,16,900],[$NSF$,27/$Mar$,250,,,16,650],[$Bank service charge,$31/$Mar$,20,$Interest earned,$14,16,644]]$

$\backslash$table$[[$Cash$,$Account No$.101],[$Date$,$Desc.,PR$,$Debit,Credit,Balance$],[29/$Feb$,$Balance,,,,$19,700],[31/$Mar$,$CR$12,,4,950,,24,650],[31/$Mar$,$CD$13,,,9,500,15,150]]$