Required information

Use the following information for the Quick Studies $12-13$ below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Organic Food Company's Cash account shows a $$6,900$ debit balance and its bank statement shows

$$6,140$ on deposit at the close of business on August $31.$

a$.$ August $31$ cash receipts of $$2,640$ were placed in the bank's night depository after banking

hours and were not recorded on the August $31$ bank statement.

b$.$ The bank statement shows a $$260$ NSF check from a customer; the company has not yet

recorded this NSF check.

c$.$ Outstanding checks as of August $31$ total $$2,520.$

d$.$ In reviewing the bank statement, an $$220$ check written by Organic Fruits was mistakenly

drawn against Organic Food's account.

e$.$ The August $31$ bank statement lists $$160$ in bank service charges; the company has not yet

recorded the cost of these services.

QS $8-13($Algo$)$ Entries from bank reconciliation LO P$3$

Prepare any necessary journal entries that Organic Food Company must record as a result of preparing the bank

reconciliation.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

August $31$ cash receipts of $$2,640$ were placed in the bank's night depository

after banking hours and were not recorded on the August $31$ bank statement.

Note: Enter debits before credits.