Organic Food Co.'s cash account shows a $7.500 debit balance and its bank statement shows $6,560 on deposit at the close of business on August 31 a. August 31 cash receipts of $3,240 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 $320 NSF check from a customer the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $3,120 d. In reviewing the bank statement, an $280 check written by Organic Fruits was mistakenly drawn against Organic Food's account e. The August 31 bank statement lists $220 in bank service charges the company has not yet recorded the cost of these services. Prepare a bank reconciliation using the above information ORGANIC FOOD CO. Bank Reconciliation August 31 Bank statement balance Book balance Add Add Deduct: Deduct Adjusted bank balance Adjusted book balance A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Bank Balance Book Balance Shown or Not Shown on Reconciliation 1. The company made a month-end accrual for wages earned but not yet paid. 2 A note receivable is collected by the bank for the company but not yet recorded by the company 3. Checks written and mailed to payees on October 2 4. Checks outstanding on August 31 that cleared the bank in September Add 5 Bank service charge NA Subtract 6. NSF check shown on bank statement but not yet recorded by company 7. Checks written by the company and mailed to payees on September 30 8. Deposit made on September 30 after the bank closed 9. Bank fees for check printing are not yet recorded by the company. 10. Interest earned on the account 11. Deposit made on September 5 and processed by bank on September 6. 12. Check written by another depositor but charged against this company's account ertain to Select the answers in the appropriate cells. Leave ho cells blank. Be Bank Balance Book Balance Shown or N Shown or Reconciliat The company made a month-end accrual for wages earned but not yet paid. A note receivable is collected by the bank for the company but not yet recorded by the company Checks written and mailed to payees on October 2. Checks outstanding on August 31 that cleared the bank in September. Bank service charge Add NA NSF check shown on bank statement but not yet recorded by company Subtract Checks written by the company and mailed to payees on September 30 Deposit made on September 30 after the bank closed Bank fees for check printing are not yet recorded by the company Interest eamed on the account Deposit made on September 5 and processed by bank on September 6 Check written by another depositor but charged against this company's account. ble for a monthly bank reconciliation dated September 30 is given below For each item 1 through 12, indicate whether the item uld be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation ect the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Bank Balance Book Balance Shown or Not Shown on Reconciliation Cr. Dr. NA The company made a month-end accrual for wages earned but not yet paid A note receivable is collected by the bank for the company but not yet recorded by the company Checks written and mailed to payees on October 2. Checks outstanding on August 31 that cleared the bank in September Bank service charge NSF check shown on bank statement but not yet recorded by company Checks written by the company and mailed to payees on September 30. Deposit made on September 30 after the bank closed Bank fees for check printing are not yet recorded by the company Interest earned on the account. Deposit made on September 5 and processed by bank on September 6 Check written by another depositor but charged against this company's account. A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Bank Balance Book Balance Shown or Not Shown on Reconciliation 1 The company made a month-end accrual for wages earned but not yet paid 2 A note receivable is collected by the bank for the company but not yet recorded by the company 3. Checks written and mailed to payees on October 2 4 Checks outstanding on August 31 that cleared the bank in September 5. Bank service charge Not Shown Shown 6. NSF check shown on bank statement but not yet recorded by company 7. Checks written by the company and mailed to payees on September 30 8 Deposit made on September 30 after the bank closed 9. Bank fees for check printing are not yet recorded by the company 10. Interest earned on the account 11. Deposit made on September 5 and processed by bank on September 6 12. Check written by another depositor but charged against this company's account Prey 5 of 10 MON MER Next > Organic Food Co.'s cash account shows a $7.500 debit balance and its bank statement shows $6,560 on deposit at the close of business on August 31 a. August 31 cash receipts of $3,240 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 $320 NSF check from a customer the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $3,120 d. In reviewing the bank statement, an $280 check written by Organic Fruits was mistakenly drawn against Organic Food's account e. The August 31 bank statement lists $220 in bank service charges the company has not yet recorded the cost of these services. Prepare a bank reconciliation using the above information ORGANIC FOOD CO. Bank Reconciliation August 31 Bank statement balance Book balance Add Add Deduct: Deduct Adjusted bank balance Adjusted book balance A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Bank Balance Book Balance Shown or Not Shown on Reconciliation 1. The company made a month-end accrual for wages earned but not yet paid. 2 A note receivable is collected by the bank for the company but not yet recorded by the company 3. Checks written and mailed to payees on October 2 4. Checks outstanding on August 31 that cleared the bank in September Add 5 Bank service charge NA Subtract 6. NSF check shown on bank statement but not yet recorded by company 7. Checks written by the company and mailed to payees on September 30 8. Deposit made on September 30 after the bank closed 9. Bank fees for check printing are not yet recorded by the company. 10. Interest earned on the account 11. Deposit made on September 5 and processed by bank on September 6. 12. Check written by another depositor but charged against this company's account ertain to Select the answers in the appropriate cells. Leave ho cells blank. Be Bank Balance Book Balance Shown or N Shown or Reconciliat The company made a month-end accrual for wages earned but not yet paid. A note receivable is collected by the bank for the company but not yet recorded by the company Checks written and mailed to payees on October 2. Checks outstanding on August 31 that cleared the bank in September. Bank service charge Add NA NSF check shown on bank statement but not yet recorded by company Subtract Checks written by the company and mailed to payees on September 30 Deposit made on September 30 after the bank closed Bank fees for check printing are not yet recorded by the company Interest eamed on the account Deposit made on September 5 and processed by bank on September 6 Check written by another depositor but charged against this company's account. ble for a monthly bank reconciliation dated September 30 is given below For each item 1 through 12, indicate whether the item uld be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation ect the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Bank Balance Book Balance Shown or Not Shown on Reconciliation Cr. Dr. NA The company made a month-end accrual for wages earned but not yet paid A note receivable is collected by the bank for the company but not yet recorded by the company Checks written and mailed to payees on October 2. Checks outstanding on August 31 that cleared the bank in September Bank service charge NSF check shown on bank statement but not yet recorded by company Checks written by the company and mailed to payees on September 30. Deposit made on September 30 after the bank closed Bank fees for check printing are not yet recorded by the company Interest earned on the account. Deposit made on September 5 and processed by bank on September 6 Check written by another depositor but charged against this company's account. A table for a monthly bank reconciliation dated September 30 is given below. For each item 1 through 12, indicate whether the item should be added to or subtracted from the book or bank balance, and whether it should or should not appear on the reconciliation (Select the answers in the appropriate cells. Leave no cells blank. Be certain to select "NA" in fields which are not applicable.) Bank Balance Book Balance Shown or Not Shown on Reconciliation 1 The company made a month-end accrual for wages earned but not yet paid 2 A note receivable is collected by the bank for the company but not yet recorded by the company 3. Checks written and mailed to payees on October 2 4 Checks outstanding on August 31 that cleared the bank in September 5. Bank service charge Not Shown Shown 6. NSF check shown on bank statement but not yet recorded by company 7. Checks written by the company and mailed to payees on September 30 8 Deposit made on September 30 after the bank closed 9. Bank fees for check printing are not yet recorded by the company 10. Interest earned on the account 11. Deposit made on September 5 and processed by bank on September 6 12. Check written by another depositor but charged against this company's account Prey 5 of 10 MON MER Next >