journau entry worksheet

Required information Problem 4-2B Prepare the bank reconciliation and record cash adjustments (LO4-5) The following information applies to the questions displayed below.) On October 31, 2021, the bank statement for the checking account of Blockwood Video shows a balance of $12,953, while the company's records show a balance of $12,296. Information that might be useful in preparing a bank reconciliation is as follows: a. Outstanding checks are $1,195. b. The October 31 cash receipts of $750 are not deposited in the bank until November 2. c. One check written in payment of utilities for $130 is correctly recorded by the bank but is recorded by Blockwood as a disbursement of $310. d. In accordance with prior authorization, the bank withdraws $443 directly from the checking account as payment on a note payable. The interest portion of that payment is $43 and the principal portion is $400. Blockwood has not recorded the direct withdrawal. e. Bank service fees of $17 are listed on the bank statement. f. A deposit of $560 is recorded by the bank on Octobe M13, but it did not belong to Blockwood. The deposit should have been made to the checking account of Hollybuster Video, a separate company. g. The bank statement includes a charge of $68 for an NSF check. The check is returned with the bank statement, and the company will seek payment from the customer. oblem 4-2B Part 2 Problem 4-2B Part 2 2. Record the necessary cash adjustments. (If no entry is required for a transaction/event, select "No Journal Entry Required first account field.) View transaction list View journal entry worksheet Debit Credit 1 Record the amounts that increase cash 2 Record the amounts that decrease cash. Note: -journal entry has been entered MacBook Air 8 SLO 888 2 $ 4 % 5 7 2 6 8 3 W E R T C G