Question: Question 1. Based on the information about ABC Company, input the Deposit in Transit in the following box insert number only, do not add comma

Question 1. Based on the information about ABC Company, input the Deposit in Transit in the following box insert number only, do not add comma negative sign (-) or dollar ($) sign. Example: 1000) Question 2. Based on the information about ABC Company, input the amount for Outstanding Checks in the following box ( insert number only, do not add comma () negative sign (-) or dollar ($) sign. Example: 1000 ) Question 3. How many journal entries will be required for the bank reconciliation for June 30, 2020 ? Question 4. Based on the information about ABC Company, input the Adjusted Cash Balance in the following box (insert number only, do not add comma (,) negative sign (-) or dollar ($) sign. Example: 1000) question 5.Complete the Journal Entry for NSF check by selecting the correct items from the drop down boxes. Debit Choose / Credit Choose ...

Question 1. Based on the information about ABC Company, input the Deposit

The following information is for ABC Company's transactions till Jun 30, 2020. 1. Cash Balance per bank, Jun 30, 2020 $15,000 2. Cash balance per books before bank reconciliation, $18,500 3. Three checks were deposited in bank on Jun 29, 2020. Check # 1234, amount $4,280; Check # 2761, amount $2,704; and Check # 3111, amount $4,290. As per bank statement, Check#3111 was deposited in the account, 4. Five checks were issued to different suppliers in June. Check 814, amount $1,265, Check 815, amount $1,275, Check 816, amount $1, 150, Check 817 and 818, amount $2,300 each. The bank statement shows the following amounts as withdrawals: $1,265, $2,300 and $2,300. 5. Bank Statement showed an EFT payment of $2,100 from customer on Jun 3, 2020. 6. Not Sufficient Fund (NSF) charge by the bank was $771. 7. The bank charged $230 in error to the company's account that is for another customer of the bank. 8. In June, bank service charge as per bank statement (not recorded) is $40. Create a Bank Reconciliation for Jun 2020 in your notebook and answer the following questions. You do not have to submit the notebook

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