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Metlock Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. (a) Deposit in transit $6,640. (b) Bank service charges $46.
Metlock Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. (a) Deposit in transit $6,640. (b) Bank service charges $46. (Use Office Expense account) (c) Interest credited to Metlock's account \$42. (d) Outstanding checks $7,610. (e) NSF check returned $550. Prepare entries necessary to make Metlock's accounting records correct and complete. (If no entry is required, select "No Entry" for the account tiltes and enter O for the amounts. Credilt account tilles are automotically indented when the amount is entered. Do not indent manualiy : List all debit entries before credit entries.) Question 8 of 10 No. Account Titles and Explanation Debit Credit (a) (b) (c) (d) (e)
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