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First three pictures are information, just the journal needs to be filled thank you The following data were accumulated for use in reconciling the bank
First three pictures are information, just the journal needs to be filled thank you
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August 31,$18,257. 2. Cash balance according to the bank statement at August 31, $27,261. 3. Checks outstanding, $14,624. 4. Deposit in transit not recorded by bank, $6,131. 5. A check for $58 in payment of an account was erroneously recorded in the check register as $580. 6. Bank debit memo for service charges, $11. Joumalize the entry or entries that should be made by the company. Refer to the Chart of Accounts for exact wording of account CHART OF ACCOUNTS Creative Design Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 120 Accounts Receivable 131 Notes Receivable EXPENSES 132 Interest Receivable 510 Cost of Merchandise Sold 141 Merchandise Inventory 515 Credit Card Expense 145 Office Supplies 516 Cash Short and Over 146 Store Supplies 520 Salaries Expense 151 Prepaid Insurance 531 Advertising Expense 181 Land 532 Delivery Expense 191 Office Equipment 533 Insurance Expense 192 Accumulated Depreciation-Office Equipment 534 Office Supplies Expense 193 Store Equipment 535 Rent Expense 194 Accumulated Depreciation-Store Equipment 536 Repairs Expense Chart of Accounts 146StoreSupplies151PrepaidInsurance181Land191OfficeEquipment192AccumulatedDepreciation-OfficeEquipment193StoreEquipment194AccumulatedDepreciation-StoreEquipmentLIABILITIES210AccountsPayable221NotesPayable222InterestPayable231SalariesPayable241SalesTaxPayable520SalariesExpense531AdvertisingExpense532DellveryExpense533InsuranceExpense534OfficeSuppliesExpense535RentExpense536RepairsExpense537SellingExpenses538StoreSuppliesExpense561DepreciationExpense-OfficeEquipment562DepreciationExpense-StoreEquipment590MiscellaneousExpense710InterestExpense EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Joumailze the entry or entries that should be made by the company. Refor to the Chart of Accounts for exact warding of account atles Step by Step Solution
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