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For each of the four items that appear on the bank reconciliation of Gator Company, determine whether a journal entry is required by Gator to
For each of the four items that appear on the bank reconciliation of Gator Company, determine whether a journal entry is required by Gator to update its accounting records. Journal Entry Required Journal Entry Not Required 1. A $520 check for advertising expense was incorrectly recorded on the books as $250. 2. Cater Company made a deposit that the bank incorrectly recorded in Gator Company's account, $1,440. 3. Deposits in transit, $8,650. 4. Check printing charges, $25. s
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