From the following statement, please (1) complete the bank reconciliation for Jimmys Deli found on the reverse of the bank statement and (2) journalize the

From the following statement, please (1) complete the bank reconciliation for Jimmy’s Deli found on the reverse of the bank statement and (2) journalize the appropriate entries as needed.

a. A deposit of $2,300 is in transit.

b. Jimmy’s Deli has an ending checkbook balance of $4,470.

c. Checks outstanding: no. 111, $950; no. 119, $1,600; no. 121, $280.

d. Stanley Pennant’s check for $1,500 bounced due to lack of sufficientfunds.

Bourne National Bank Rio Mean Branch Bugna, Texas Jimmy's Deli 8811 2nd St. Bugna, Texas old Balance Checks and Other Withdrawals in Order of Payment Deposits Date New Balance 2 5,300 5,300 5,000 5,250 5,240 4,010 3,910 3,440 70.00 230.00 2/10 2/15 2/20 2/24 2/28 110.00 360.00 2 540.00 1,500.00 NSF 270.00 1,350.00 570.00 60.00 SC