Question
just provide me journal entries and please provide the necessary notes also . here is the data 1 record this transfer: $1,000; from TD Operating
just provide me journal entries and please provide the necessary notes also . here is the data
1 record this transfer: $1,000; from TD Operating Account to TD Savings
2 record this deposit to TD Operating Account under Add funds: $5,000; Bank loans;
you will be catching up on Melanie's bookkeeping and will complete any outstanding recurring transactions and make bill payments and receive payments to prepare for the reconciliation of her bank account through the end of July 2026.
1.Use the recurring transaction for the loan payment transfer to post July's transfer.
2.Record cheque #10025 for prepaid rent expense to We Work Space for the period of July
to December 2026, dated July 1, 2026, in the amount of $3,300 plus HST.
3.Record a journal entry dated July 31, 2026, to allocate the July portion of the rent to the
Rent or lease payments expense account and make it recurring for the next five months to
December 31, 2026.
Hint:You can use the preexisting recurring transaction for rent you already had, that expired,
then edit it for the new period.
4.Receive payment via e-transfer (add a new payment method) from H2H for six weeks
of their weekly flowers; $1,220.40 goes directly into the TD Operating Accounting on
June 23, 2026.
5.Post the weekly invoices for H2H for all of June and July 2026, starting date June 5, 2026;
use your recurring transaction.
you will reconcile the TD Operating account for the months of January 2026 through
July 2026. Melanie has given you the bank statements. Looking at them, you notice that Melanie has
a $5/month bank charge that starts at the end of January.
1.Beginning with January 2026, get the TD statements from yourChapter 06folder and
prepare to reconcile the TD Operating account for each month individually, up to July 2026.
2.Enter the $5 bank charge in the service charge or interest area, dated the end of eachmonth, before you start reconciling.
3.Complete the seven reconciliations. Keep in mind that even though a cheque has been
written on one date, it isn't necessarily cashed in the same month.
4.Run a reconciliation report for the month of July 2026;
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