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The following transactions took place at Nickie's Sports Gear during the first week of October 20X1. DATE TRANSACTIONS Oct. 1 Had cash sales of $5,500 plus sales tax of $448; there was a cash overage of $13. 2 collected $780 on account from Janes Lynn, a credit customer. 3 Had cash sales of $5,225 plus sales tax of $418. 4 Eddie Reynolds, the owner, made an additional cash investment of $18,500. 6 Had cash sales of $6,380 plus sales tax of 5584; there was a cash shortage of $21. Indicate how these transactions would be entered in a cash receipts journal. (Negative amounts should be indicated by a minus sign.) CASH RECEIPTS JOURNAL Sales Tax Payable Sales Credit Credit Dato Accounts Recalvable Credit Description Other Accounts Credit Account Name Amount Cash Debit The following transactions took place at Nickie's Sports Gear during the first week of October 20X1 DATE TRANSACTIONS Oct. 1 Issued Check 3850 for $1,700 to pay the monthly rent. 1 Issued Check 3851 for $2,725 to Fisher Company, a creditor, on account. 2 Issued Check 3852 for $11,200 to purchase new equipment. 2 Issued Check 3853 for $1,330 to renit sales tax to the state sales tax authority: 3 Issued Check 3854 for $1,029 to Sports Enporium, a creditor, on account for invoice of $1,050 less cash discount of $21. 4 Issued Check 3855 for $3,450 to purchase merchandise. 6 Issued Check 3856 for $1,200 as a cash withdrawal for personal use by Nichie Martin, the owner. Indicate how these transactions would be entered in a cash payments journal Date CASH PAYMENTS JOURNAL Accounts Other Account Debit Payable Dobit Account Name Amount CK. No Description Purchase Discounts Credit Cash Credit On January 2, The Public Legal Clinic issued Check 2108 for $420 to establish a petty cash fund. Indicate how this transaction would be recorded in a cash payments journal. Date CK NO. Description CASH PAYMENTS JOURNAL Accounts Other Accounts Debit Payable Debit Account Name Amount Purchases Discounts Credit Cash Credit Jan 02, 20X1 2108 On January 2, Jasmine's Floral Supplies Inc. issued Check 3100 for $340 to establish a petty cash fund. On January 31, Check 3159 was issued to replenish the petty cash fund. An analysis of payments from the fund showed these totals: Supplies $38; Delivery Expense, $79; and Miscellaneous Expense, $14. Indicate how this transaction would be recorded in a cash payments journal CASH PAYMENTS JOURNAL Accounts Other Accounts Debit Payable Debit Account Name Amount Description Purchases Discounts Credit Cash Credit Date Jan 02, 20x1 Jan 31, 20X1 CK.No. 3100 3159 Johnson Corporation received a bank statement showing a balance of $14,850 as of October 31, 20X1. The firm's records showed a book balance of $14.385 on October 31. The difference between the two balances was caused by the following items. 1. A debit memorandum for an NSF check from Mike Hart for $427. 2. Three outstanding checks. Check 7017 for $127. Check 7098 for $58, and Check 7107 for $1,590. 3. A bank service charge of $23. 4. A deposit in transit of $860. The deposit was made on October 31 using the bank's ATM machine after the bank had closed. Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. Also prepare the necessary journal entry for the year 20x1 Complete this question by entering your answers in the tabs below. Bank Rec Stmt General Journal Prepare the adjusted bank balance section and the adjusted book balance section TENG CORPORATION Bank Reconciliation Statement October 31, 20X1 Balance on bank statement Additions: Total Deductions: Total outstanding checks Adjusted bank balance Balance in books Deductions: Adjusted book balance