1 uuestion Help Jim Smith operates a roller skating center He has received the monthly bank statement of November 30 from Citizen National Bank, and the statement shows an ending balance of Listed on the statementare an EFT rent collection of $315, a service charge of 9. two NSF checks totaling $120, and a $10 charge for printed checks In reverwing his cash records, Smith identities outstanding checks totaling 05 and November 30 deposit intranet of $1790 During November, he recorded a 120 check for the salary of a part-time employees 29 Smith's Cash account shows a November 30 balance of 2010 Cick the icon to view the bank reconciliation) Requirement 1. Use the bank reconcilion provided to make the journalines that Smith should record on November to update his Cash account include an explanation for each entry Record the transactions in the order they appear on the bank reconciliation Record debts for the credits Select the explanation on the last line of the jumal entry table) Journal Entry Accounts and Explanations November 30, 2014 BANK Balance, November 30 740 1,790 Add: Deposit in transit 2,530 (605) 1,925 Less Outstanding checks Adjusted bank balance BOOKS Balance, November 30 Add: EFT collection - rent 2,010 315 2,325 Less $ 261 Correction of book error NSF checks Charge for printed checks 120 Service charge (400) 1.925 Adjusted book balance Done Question Help Jim Smith operates a roller skating center. He has just received the monthly bank tement of November 30 from Citizen National Bank, and the statement shows an ending balance of $740. Usted on the statement are an EFT rent collection of 315, a service charge of two NSF checks totaling $120, and a $10 charge for printed checks Inviewing his cash records, Smith identifies outstanding checks totaling .06 and a November 30 deposit in transit of $1790. During November, he recorded a $230 check for the salary of a part-time employee as $29. Smith's Cash account shows a November 30 balance of 2010. (Click the icon to view the bank reconciliation) Requirement 1. Use the bank reconciation provided to make the journal entries that Smith shodd record on November to updates Cash account include an explanation for each entry (Record the transactions in the order they appear on the bank reconciliation Record debts frat, then credits. Select the explanation on the last line of the journal entry table) Date Journal Entry Accounts and Explanations Accounts Debit Credit i Data Table November 30, 2014 BANK Balance, November 30 Add: Deposit in transit 740 1,790 2,530 (605) 1,925 $ Less: Outstanding checks Adjusted bank balance BOOKS Balance, November 30 Add: EFT collection - rent $ 2,010 315 Less: 2,325 Correction of book error NSF checks Charge for printed checks Service charge Adjusted book balance Print Done