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Journalize the entries resulting from the bank reconciliation and adjustment data. (Credit account titles are automatically indented when amount is entered Do not indent mentality]

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Journalize the entries resulting from the bank reconciliation and adjustment data. (Credit account titles are automatically indented when amount is entered Do not indent mentality] Date Account Titles and Explanation Debit Credit Dec. 31 Cash Notes Receivable (To record collection of notes receivable) Dec 31 Accounts Receivable Cash To record NSF charge) II II III II II II II Dec 31 (To adjust depreciation) Dec. 31 (To adjust insurance) BONITA COMPANY Bank Reconciliation December 31, 2022 Cash balance per bank statement 24958 Add V Deposit in transit 2800 27758 Less VI Outstanding check 1100 Adjusted cash balance per bank S 26658 Cashbalance per books $ 25308 Add Collection of note receivable 2000 27308 NSF check 650 Adjusted a blanca per books S 26858 On December 1, 2020, Bonita Company had the following account balances. Debit Credit Cash $17,600 Accumulated Depreciation-Equipment $2,900 Notes Receivable 2000 Accounts Payable 6.200 7,600 Owner's Capital 62,000 Accounts Receivable Inventory 15,200 $71.100 Prepaid Insurance 1.500 Equipment 27200 $71 100 During December, the company completed the following transactions Dec 7 12 Received $3,700 cash from customers in payment of account (no discount allowed) Purchased merchandise on account from Vance Co. $11800 terms 1/10, 1/30 Sold merchandise on account $15.500, terms 2/10, 1/30. The cost of the merchandise sold was $9.400, Paid salaries $2 300 17 19 22 Paid Vance Co. in full less discount 26 Received collections in full less discounts, from customers billed on December 17 31 Received $2.800 cash from customers in payment of account no discount allowed). During December, the company completed the following transactions. Dec 7 Received $3,700 cash from customers in payment of account (no discount allowed). 12 Purchased merchandise on account from Vance Co. $11,800, terms 1/10,n/30. 17 19 22 Sold merchandise on account $15,500, terms 2/10, 1/30. The cost of the merchandise sold was $9.400. Paid salaries $2,300. Paid Vance Co. in full, less discount Received collections in full, less discounts, from customers billed on December 17 Received $2800 cash from customers in payment of account (no discount allowed). 26 31 Adjustment data: 1 Depreciation $210 per month 2 Insurance expired $390

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