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Chapter 5 Homework Help Save & Exit Submit 10 Cottage Co. deposits all cash receipts on the day when they are received and it makes

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Chapter 5 Homework Help Save & Exit Submit 10 Cottage Co. deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on December 31, its Cash account shows a debit balance of $18.453 The company's bank statement as of December 31 shows an ending cash balance of $15.981. The following information was also available Outstanding checks as of December 31 total $2,291 . Included with the bank statement was a debit memo in the amount of $50 for service charges Check No. 2519 listed with the canceled checks, was corecty drawn for $820 in payment of a utility bill on December 16. The company mistakenly recorded it with a debitt Uttes Expense and a credit to cash in the amount of $880. The December 31 cash receipts of $3.500 were placed in the bank's night depository after banking hours and were not recorded on the December 31 bank statement The bank deducted $1,234 for an NSF check from a customer deposted on December 10 Required: Prepare the journal entries for the items that would appear on the company's bank reconciliation as of December 3 (if no entry is required for a transaction event, select "No Journal Entry Required in the first account Red.) View translan Journal entry worksheet 1 2 3 Record payment of utility bill of 5820 as mistakenly s80 debiting utstybill and crediting cash Notar det beture credit Debt Credit JL. (nu erys D ICCOLI USUI ULLUM required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction lit Journal entry worksheet Record an amount of $1,234 deducted for an NSF check from customer deposited on December 10 Note: Enter debts before credits General Journal Debt Credit Record entry Cleary View general Journal IU The deduced $1234 for an NSF check from a customer deposited on December 10. Required: points Prepare the journal entries for the items that would appear on the company's bank reconciliation as of December 31. (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet

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