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Organic Food Co.'s cash account shows a $6,000 debit balance and its bank statement shows $5,510 on deposit at the close of business on

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Organic Food Co.'s cash account shows a $6,000 debit balance and its bank statement shows $5,510 on deposit at the close of business on August 31. a. August 31 cash receipts of $1,740 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. b. The bank statement shows a $170 NSF check from a customer; the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $1,620. d. In reviewing the bank statement, an $130 check written by Organic Fruits was mistakenly drawn against Organic Food's account. e. The August 31 bank statement lists $70 in bank service charges; the company has not yet recorded the cost of these services. Prepare the adjusting journal entries that Organic Food Co. must record as a result of preparing the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 August 31 cash receipts of $1,740 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement.

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