Transcribed Image Text: Instructions: Calculate the following Reconciliation for Hancock, Reid, & Carson for the period ending March 31, 2021. Prepare the March bank reconciliation statement on the blank statement

Transcribed Image Text: Instructions:
Calculate the following Reconciliation for Hancock, Reid, & Carson for the period
ending March 31, 2021.
Prepare the March bank reconciliation statement on the blank statement provided for
Hancock, Reid, & Carson Ltd. according to the following information:
• Royal Bank of Canada statement says the current balance is $17,864.12.
• There was an NSF cheque #1706 from Peter Bartrum in the amount of
$1,870.54.
There are bank service charges of $60.00; there are overdraft interest charges of
$86.90; there is a preauthorized loan payment charge of $617.44; the bank paid
Hancock, Reid & Carson Ltd. $204.12 interest on a revolving T-bill investment,
and there is a charge of $54.00 for the annual rental of a safety deposit box.
Upon comparing the bank statement to the company’s cheque register, you
noted that the final balance in the cheque register was $16,627.01 and that
cheques #588 for $198.27, #592 for $i,846.40, #596 for $374.80 and #599 for
$1,320.40 are outstanding.
You also noticed that the bank made an error in processing your cheque #582.
The cheque was written for $46.40, but the bank processed it as $64.40. Transcribed Image Text: Your Name:
Balance shown
Balance shown in
on bank statement:
your cheauebook:
Add deposits
Add any deposits not
not on statement:
already in cheguebook,
Subtotal:
Subtotal:
Subtract cheques issued
but not on statement.
Subtract service charges
and other bank charges
not in cheauebook
TOTAL
TОTAL
BALANCE
BALANCE

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