Need help journalizing the entries below.
40. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to increases cash. 41. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to decreases cash. Public Bank P.O.Bax 5551212, Miami, Florida 33999 Ph #(305) 556-1212 ( Byte of Accounting 123 Speed Lane Miami, Florida 33999 Previous Balance Account Number Statement Date 33999999 6/30/2026 Deposits/Credits Checks/Debits 202,123.80 77,465.00 124,658 80 124,650.80 Ending Balance Date Activity in date order Description Jun 01 Deposit Jun 07 Paid check # 5002 Jun 15 Paid check # 5003 Jun 16 Deposit Jun 21 Paid check # 5005 Jun 22 NSF Jun 22 NSF service charge Jun 22 Paid check # 5006 Jun 23 Deposit Jun 24 Paid check # 306 Jun 26 Paid check # 5007 Jun 26 Paid check # 5008 Jun 27 Paid check # 5009 Jun 27 Elec Remit AT&T Telephone Jun 27 Paid check #5010 Jun 29 Service Charge- Checks Ending Balance Amount 190,508.80 -27,000.00 -20.750.00 7,520.00 - 14,900.00 -2.850.00 -25.00 -7,500.00 4,095.00 -1,400.00 -560.00 -700.00 -1,035.00 -225.00 -475.00 -45.00 Balance 190,508.80 163,508.80 142.758.80 150,278.80 135,378.80 132,528.80 132,503.80 125,003.80 129,098.80 127,698.80 127.138.80 126,438.80 125,403.80 125, 178.80 124,703.80 124.658.80 124,658.80 Check #306 is not our check Our policy is to charge the customer for any charges related to NSF checks The Deposit on Jun 16 was incorrectly recorded by the bank. The Deposit on Jun 23 was correctly recorded by the bank. We do not modify the original journal entry. Bank Statement Company's Books Ending Balance per books 121,465.76 Ending balance per bank 124,658.80 Additions Additions Total 1. Add to Books 2. Add to Bank Total Deductions Deductions Error deposit Jun 16 270.00 3. Deduct from Books 4. Deduct from bank Ending Correct cash balance Ending Correct cash balance 7,250.00 10 10 Jun 16 Jun 16 1110 Cash revenue from service 4100 Computer & Consulting Rd revenue from service 7,250.00 21 21 Jun 23 Jun 23 3,845.00 1110 Cash 1120 Accounts Receivable received account recievable received account recievable 3,845.00 40. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to increases cash. 41. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to decreases cash. Public Bank P.O.Bax 5551212, Miami, Florida 33999 Ph #(305) 556-1212 ( Byte of Accounting 123 Speed Lane Miami, Florida 33999 Previous Balance Account Number Statement Date 33999999 6/30/2026 Deposits/Credits Checks/Debits 202,123.80 77,465.00 124,658 80 124,650.80 Ending Balance Date Activity in date order Description Jun 01 Deposit Jun 07 Paid check # 5002 Jun 15 Paid check # 5003 Jun 16 Deposit Jun 21 Paid check # 5005 Jun 22 NSF Jun 22 NSF service charge Jun 22 Paid check # 5006 Jun 23 Deposit Jun 24 Paid check # 306 Jun 26 Paid check # 5007 Jun 26 Paid check # 5008 Jun 27 Paid check # 5009 Jun 27 Elec Remit AT&T Telephone Jun 27 Paid check #5010 Jun 29 Service Charge- Checks Ending Balance Amount 190,508.80 -27,000.00 -20.750.00 7,520.00 - 14,900.00 -2.850.00 -25.00 -7,500.00 4,095.00 -1,400.00 -560.00 -700.00 -1,035.00 -225.00 -475.00 -45.00 Balance 190,508.80 163,508.80 142.758.80 150,278.80 135,378.80 132,528.80 132,503.80 125,003.80 129,098.80 127,698.80 127.138.80 126,438.80 125,403.80 125, 178.80 124,703.80 124.658.80 124,658.80 Check #306 is not our check Our policy is to charge the customer for any charges related to NSF checks The Deposit on Jun 16 was incorrectly recorded by the bank. The Deposit on Jun 23 was correctly recorded by the bank. We do not modify the original journal entry. Bank Statement Company's Books Ending Balance per books 121,465.76 Ending balance per bank 124,658.80 Additions Additions Total 1. Add to Books 2. Add to Bank Total Deductions Deductions Error deposit Jun 16 270.00 3. Deduct from Books 4. Deduct from bank Ending Correct cash balance Ending Correct cash balance 7,250.00 10 10 Jun 16 Jun 16 1110 Cash revenue from service 4100 Computer & Consulting Rd revenue from service 7,250.00 21 21 Jun 23 Jun 23 3,845.00 1110 Cash 1120 Accounts Receivable received account recievable received account recievable 3,845.00
