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of this document's format. Some content might be missing or displayed improperly. 1. 2.... 3 Question 5: 16 marks - 30 minutes 5 Belbin's Grocery Store developed the following information in recording its bank statement for the month of March, 2017. Balance per books March 31 $ 1,905 Balance per bank statement March 31 $11,400 1. Cheques written in March but still outstanding $8,000. 2. Cheques written in February but still outstanding $2,800. 3. Deposits of March 30 and 31 not yet recorded by bank $5,200. 4. NSF cheque of customer returned by bank $700. 5. Cheque No. 210 for $594 was correctly issued as a payment on account and paid by bank but incorrectly entered in the general journal as payment on account for $549. 6. Bank service charge for March was $50. 7. A payment on account was incorrectly entered in the general journal for $824 when Cheque No. 318 was correctly prepared for $284. The cheque cleared the bank in March. 8. A review of the bank statement revealed Belbin's Grocery received electronic payments from customers on account of $4.150 during March Required: Prepare a bank reconciliation at March 31, 2017 Prepare any adjusting entries necessary as a result of the bank reconciliation . Please place your answer in the related worksheet Q5 in the excel file provided

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