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I need help with the general journal ONLY. Required Information [The following information applies to the questions displayed below.) Organic Food Company's Cash account shows
I need help with the general journal ONLY.
Required Information [The following information applies to the questions displayed below.) Organic Food Company's Cash account shows a $6.900 debit balance and its bank statement shows $6.140 on deposit at the close of business on August 31. a. August 31 cash receipts of $2.640 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement b. The bank statement shows a $260 NSF check from a customer, the company has not yet recorded this NSF check. c Outstanding checks as of August 31 total $2,520. d. In reviewing the bank statement, an $220 check written by Organic Fruits was mistakenly drawn against Organic Food's account e. The August 31 bank statement lists $160 in bank service charges the company has not yet recorded the cost of these services. Prepare any necessary journal entries that Organic Food Company must record as a result of preparing the bank reconciliation (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Transaction Answer is not complete. General Journal No journal entry required Debit Credit 1 a. > 2 b. No journal entry required X 3 C. No journal entry required SI 4 d. 280 Accounts receivable Cash x X 280 5 No journal entry required *Step by Step Solution
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