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4 QS 6-13 (Algo) Adjusting entries from bank reconciliation LO P3 0.76 points Skipped 201 Organic Food Company's cash account shows a $5.700 debit
4 QS 6-13 (Algo) Adjusting entries from bank reconciliation LO P3 0.76 points Skipped 201 Organic Food Company's cash account shows a $5.700 debit balance and its bank statement shows $5,300 on deposit at the close of business on August 31 a. August 31 cash receipts of $1,440 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 $140 NSF check from a customer, the company has not yet recorded this NSF check c. Outstanding checks as of August 31 total $1.320. d. In reviewing the bank statement, an $100 check written by Organic Fruits was mistakenly drawn against Organic Food's account. e. The August 31 bank statement lists $40 in bank service charges; the company has not yet recorded the cost of these services. Prepare the adjusting 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. View transactional Journal entry worksheet 5 August 31 cash receipts of $1,440 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. Not Enter debts before credits Date General Journal Debit Credit Check m
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