From the following information, construct a bank reconciliation for P.J. Co. as of March 31, 2022: Chequebook balance $2,200 Bank statement balance 1,600 Deposits (in transit) 600 Outstanding cheques 85 Bank service charge 20 NSF cheque 65

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.