This problem continues the Davis consulting situation from problem P7-22 of chapter 7. Davis's March Cash T-account from its general ledger is as follows:

Cash

Feb 28 Bal. 23115 4300 Mar. 1 (ck 207)

Mar 6. 2930 825 Mar 14 (ck 208)

Mar 13 2800 1455 Mar 14 (ck 209)

Mar 20 4800 190 Mar 28 (ck 210)

Mar 27 3690 550 Mar 30 (ck 211)

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Mar 31 Bal. 30015

Davis's Bank statement dated March 31, 2015 follows:

Bank statement for March 2015

Beginning balance Fairbury 28 2015 $23,510

Deposits and other credits:

Mar 1. $700

Mar 8. $2930

Mar 14. $2800

Mar 20. EFT Hip Hop Hats-a customer. $400

Mar22. $4800

Mar 28. Interest credit. $22 $11,652

Checks and other debits:

Mar 2 EFT to paper products $9

Mar 2 ck#206. $1095

Mar 18 ck#207. $4300

Mar 19 ck#209. $1455

Mar 28 EFT to the cable co. $85

Mar 28 ck #208. $825

Bank service charge. $18. ($7787)

Ending balance March 31, 2015. $27,325

Requirements

1. Prepare the March bank reconciliation.

2. Journalize any transaction required from the bank reconciliation. Computer The adjusted account balance from the cash T-account, and emailed the balance as End. Bal.