From the following bank statement, please (1) Complete the bank reconciliation for Jimmys Deli found on the

From the following bank statement, please

(1) Complete the bank reconciliation for Jimmy’s Deli found on the reverse of the following bank statement

(2) Journalize the appropriate entries as needed.

a. A deposit of $1,600 is in transit.

b. Jimmy’s Deli has an ending checkbook balance of $5,730.

c. Checks outstanding: no. 111, $450; no. 119, $1,400; no. 121, $390.

d. Jim Rice’s check for $1,000 bounced due to lack of sufficient funds.

e. Bank Service Charge$10.

Transcribed Image Text:

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 6,700 2/2 2/3 320.00 2/10 620.00 2/15 240.00 2/20 1,180.00 2/24 220.00 2/28 6,700 6,440 6,670 6,660 5,900 5,830 5,360 60.00 200.00 90.00 630.00 1,000.00 NSF 1,250.00 680.00 10.00 SC