A. deposit of $ 1700 is in transit. B. Geoff's Deli has an ending checkbook balance of $ 5250. C.Checks outstanding: no. 111, $ 600; no. 119, $ 1350; no.121, $ 400. D. Richard Gullo's check for $ 1000 bounced due to lack of sufficient funds. E. Bank Service Charge $ 35.

(2) Journalize the appropriate entries as needed. (Record debits first, then credits. Exclude explanations from journal entries.)

Richard Gullo's check for

$1,000 bounced due to lack of sufficient funds.

Journal Entry
Date		Account Titles	PR	Debit	Credit
Feb.	28	Accounts Receivable		1,000