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Gate City Security Systems' bank reconciliation follows. Click the icon to view the bank reconciliation report.) Included in the bank balance is a collection of
Gate City Security Systems' bank reconciliation follows. Click the icon to view the bank reconciliation report.) Included in the bank balance is a collection of $700 on account from Sally Jones, a Gate City customer who pays the bank directly. Journalize the company's transactions that arise from the bank reconciliation. Include an explanation with each entry. Journalize the transactions in the order presented in the bank reconciliation. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.)
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