JOURNAL ENTRY

CC5-1 Part 2 2. Nicole has asked you to prepare a bank reconciliation for NGS. According to her records, NGS's cash balance is $7,800 at December 31, but the bank reports a balance of $7,300. a. The bank deducted $450 for an NSF check from a customer deposited on December 22. b. NGS has written checks totaling $5,300 that have not yet cleared the bank. c. The bank added $40 cash to the account for interest earned in December. d. NGS made a $5,170 deposit on December 31, which will be recorded by the bank in January. e. The bank deducted $40 for service charges. f. NGS wrote a check to a supplier on account for $200 but mistakenly recorded it as $20. CC5-1 Part 3 3. Prepare journal entries for items (a)-(1) from the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 The bank deducted $450 for an NSF check from a customer deposited on December 22. Record the transaction. Note: Enter debits before credits