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I need help with the two blank ones. Take me to the text The bank statement for Fashion is Danger had an ending cash balance
I need help with the two blank ones.
Take me to the text The bank statement for Fashion is Danger had an ending cash balance of $2,300 on August 31, 2018. On this date the cash balance in their general ledger was $2,842. After comparing the bank statement with the company records, the following information was determined. The bank returned an NSF check in the amount of $300 that Fashion is Danger deposited on August 20. The NSF service fee was $8. A direct deposit received from a customer on August 30 in payment of their accounts totaling $3,880. This has not yet been recorded by the company. On August 30, the bank deposited $21 for interest earned. The bank withdrew $35 for bank service charges. Deposits in transit on August 31 totalled $4,100 Required Reconcile the ledger and bank statement and create the required journal entries. Do not enter dollar signs or commas in the input boves. Do not use negative signs Select the proper order for the headings of the Bank Reconciliation 2842 Cash balance per bank statement 2300 Add Outstanding deposit 4100 Fashion is Danger Bank Reconciliation: August 31, 2018 Cash balance per books Add EFT deposit 3880 Interest earned Deduct NSF check 300 NSF service charge 8 21 Bank service charge 35 Adjusted bank balance 6400 Adjusted book balance 6400 Account Title and Explanation Debit Credit Date 2018 Aug 31 Cash 3880 3880 Accounts Receivable Collect outstanding accounts receivable Cash Aug 31 21 Interest Revenue 21 Record interest earned Aug 31 Accounts Receivable 300 Cash 300 Record NSF Check Aug 31 Bank Charges Expense 35 Cash 35 > Record bank charges Bank Charges Expense Aug 31 8 Cash 8 Record NSF fee CheckStep by Step Solution
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