This problem continues the Daniels Consulting situation from Problem P6-38 of Chapter 6. Daniels€™s March Cash T-account from its general ledger is as follows:

Daniels€™s bank statement dated March 31, 2017, follows:

Requirements
1. Prepare the March bank reconciliation.
2. Journalize any transactions required from the bank reconciliation. Compute the adjusted account balance for the Cash T-account, and denote the balance as End. Bal.

Cash Feb. 28 Bal Mar. 6 Mar. 13 Mar. 20 Mar. 27 45,085 4,400 Mar. 1 (ck. 207) 2.475 730 Mar. 14 (ck. 208) 2,900 1,450 Mar. 14 (ck. 209) 4,800 190 Mar. 28 (ck. 210) 3,680 500 Mar. 30 (ck. 211) Mar. 31 Bal. 51,670 Bank Statement for March 2017 45,505 Beginning Balance, February 28, 2017 Deposits and other Credits: Mar Mar. 8 Mar. 14 Mar 20 EFT Hip Hop Hats (on account) Mar 22 Mar 28 Interest revenue 675 2,475 2,900 550 4,800 25 11,425 Checks and other Debits: Mar 2 EFT to Paper Products Mar. 2ck#206 Mar. 18 ck#207 Mar. 19 ck#209 Mar 28 EFT to The Cable Co Mar. 28 ck#208 34 1,095 4,400 1,450 85 730 13 (7,807) Bank Service Charge Ending Balance, March 31, 2017 S 49,123