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Di Stefano Office Supply Company received a bank statement showing a balance of $68,405 as of March 31, 2019. The firm's records showed a book
Di Stefano Office Supply Company received a bank statement showing a balance of $68,405 as of March 31, 2019. The firm's records showed a book balance of $69,535 on March 31. The difference between the two balances was caused by the following items. 1. A debit memorandum for $58, which covers the bank's collection fee for the note (item 6). 2. A deposit in transit of $4,100. 3. A check for $256 issued by another firm that was mistakenly charged to Di Stefano's account. 4. A debit memorandum for an NSF check of $6,175 issued by Wozniak Construction Company, a credit customer 5. Outstanding checks: Check 3782 for $2,600; Check 3840 for $159. 6. A credit memorandum for a $6,700 noninterest-bearing note receivable that the bank collected for the firm. Prepare a bank reconciliation statement for the firm as of March 31. Prepare the necessary journal entries for March 31, 2019 from the statement. Complete this question by entering your answers in the tabs below. General Journal Bank Rec Prepare a bank reconciliation statement for the firm as of March 31. I STEFANO OFFICE SUPPLY COMPAN Bank Reconciliation Statement March 31, 2019 Balance on bank statement Additions Deductions Total deductions Adjusted bank balance Balance in books Additions Deductions: Adjusted book balance Journal entry worksheet Record the bank collection fee. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2019 Record entry Clear entry View general journal Journal entry worksheet Record the deposit in transit. Note: Enter debits before credits Date General Journal Debit Credit Mar 31, 2019 Record entry Clear entry View general journal Journal entry worksheet Record the check incorrectly charged. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2019 Record entry Clear entry View general journal Journal entry worksheet Record the outstanding checks. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2019 Record entry Clear entry View general journal Journal entry worksheet Record note collected by the bank. Note: Enter debits before credits. Date General Journal Debit Credit Mar 31, 2019 Record entry Clear entry View general journal
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