PA5-3 (Algo) Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries [LO 5-4, LO 5-5] [The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Date December 1 December 61 Checks Deposits Other Balance $ 43,200 $7,500 35,620 December 111 510 $27,000 62,110 December 17 11,900 50,210 December 23 35,000 85,210 December 26 510 84,700 December 30 16,400 18,000 NSF $260 December 31 86,040 December 31 . Interest earned Service charge 50 86,090 110 85,980 NSF check from J. Left, a customer. Cash (A) Debit Credit December 1 Balance 43,200 Deposits Checks written during December: December 11 27,000 7,580 December 23 35,000 510 December 30 18,000 December 31 11,900 12,000 510 110 16,400 December 31 Balance 4,800 93,390 Thara wate nn renneite in francit or nitetandinn charke at Newember 20 Journal entry worksheet < A B C D E Record the interest of $50 received from the bank. > Note: Enter debits before credits.. Transaction 1 General Journal Debit Credit Journal entry worksheet < A B C D E Record the service charges of $110 deducted by the bank. > Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Journal entry worksheet < A B C D E Record the return of the J. Left check of $260 due to insufficient funds. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Journal entry worksheet > A B C D E Record the checks outstanding at the end of the month. Note: Enter debits before credits. Transaction 4 General Journal Debit Credit 8 Required information Journal entry worksheet A B C D E Part 3 of 3 Record the deposits in transit at the end of the month. 416 points Skipped ebook References Note: Enter debits before credits. Transaction 5 General Journal Debit Credit Record entry Clear entry View general journal