185. The following information is available for the Victor Company for its March 31 bank reconciliation: From the March 31 bank statement: Previous Balance Total Checks and Debits ...

185. The following information is available for the Victor Company for its March 31 bank reconciliation:

From the March 31 bank statement:


Previous Balance	Total Checks and Debits	Total Deposits and Credits	Current Balance
$9,908	$7,805	$11,905	$14,008

Checks and Debits	Deposits and Credits	Daily Balance
Date	No.	Amount		Date	Amount		Date	Amount
03/03	2874		1,210		03/02	4,340		03/01		9,908
03/11	2906	3,850		03/27	7,270	03/02	14,248
03/15	2905	170		03/31	295	IN	03/03	1,038
03/25	2909	725					03/11	9,188
03/29	2908	1,350					03/15	9,018
03/30		500	NSF				03/25	8,293
							03/27	15,563
							03/29	14,213
							03/30	13,713
		_			_		03/31		14,008

NSF: A check from a customer, Booker Co. in payment of their account.
IN: Interest earned on the account.

From the Victor Company's accounting records:

Cash Receipts Deposited		Cash Disbursements
Date		Cash Debit		Check No.		Cash Debit
March	7		4,340		2905		170
	27		7,270		2906		3,850
	31		2,090		2907		460
			13, 700		2908		1,350
					2909		725
					2910		340
							6,895


Cash	Acct. No. 101
Date	Explanation	PR	Debit	Credit	Balance
February	28	Balance				8,698
March	31	Total receipts	R4	13,700		22,398
	31	Total disbursements	D5		6,895	15,503

1. Based on the above information, prepare a bank reconciliation for the Victor Company.
2. Prepare the necessary general journal entries to adjust cash to the reconciled balance.

May 15, 2022

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185. The following information is available for the Victor Company for its March 31 bank reconciliation: From the March 31 bank statement: Previous Balance Total Checks and Debits ...

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