From the following statement, please (1) complete the bank reconciliation for Jackie's Deli found on the reverse

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

a. A deposit of $2,500 is in transit.

b. Jackie's Deli has an ending checkbook balance of $5,990.

c. Checks outstanding: no. 111, $750; no. 119, $1,450; no. 121, $370.

d. Dwight Smith's check for $1,400 bounced due to lack of sufficient funds.

e. Bank service charges, $45.

Mattapoisett National Bank

Rio Mean Branch

Bugna, Texas

Jackie's Deli

8811 2nd St.

Bugna, Texas

From the following statement, please (1) complete the bank reconciliation

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College Accounting A Practical Approach Chapters 1-25

ISBN: 9780133791006

13th Edition

Authors: Jeffrey Slater

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Question Posted: Apr 14, 2017 12:22 PM

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From the following statement, please (1) complete the bank reconciliation for Jackie's Deli found on the reverse

Question:

Checks and Other Withdrawals in Order of Payment old Balance Deposits New Balance 6,300 6,300 5,900 6,090 6,060 4,920 5,010 4,615 2/2 140.00 260.00 120.00 610.00 310.00 2/10 580.00 2/15 260.00 2/20 1,240.00 2/24 170.00 2/28 1,400.00 NSF 1,150.00 520.00 45.00 SC

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Miscellaneous Expense could be used instead Checkbook Balance Add Subtotal Deduct CH...View the full answer

College Accounting A Practical Approach Chapters 1-25

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