Brett Midas

Midas Corporation operates four bowling alleys. The business just received the October 31, 2018

bank statement from City NationalBank, and the statement shows an ending balance of $ 900

Listed on the statement are an EFT rent collection of $ 405

a service charge of $ 5

NSF checks totaling $ 55

and a $25 charge for printed checks.

In reviewing the cashrecords, the business identified outstanding checks totaling $ 450

and a deposit in transit of $ 1,765

During October the business recorded a $ 310 check by debiting Salaries Expense and crediting Cash for $ 31

Thebusiness's Cash account shows an October 31

balance of $ 2,174

Journalize any transactions required from the bank reconciliation. Begin with the EFT collection