Question
Presented below is information related to Swifty Inc. Balance per books at October 31, $140,190.30; receipts $581,305.10; disbursements $552,393.36. Balance per bank statement November 30,
Presented below is information related to Swifty Inc. Balance per books at October 31, $140,190.30; receipts $581,305.10; disbursements $552,393.36. Balance per bank statement November 30, $188,518.57. The following checks were outstanding at November 30.
1224 | $5,478.22 | |
1230 | 8,268.81 | |
1232 | 7,119.25 | |
1233 | 1,615.27 |
Included with the November bank statement and not recorded by the company were a bank debit memo for $91.79 covering bank charges for the month, a debit memo for $1,246.64 for a customers check returned and marked NSF, and a credit memo for $4,690 representing bond interest collected by the bank in the name of Swifty Inc. Cash on hand at November 30 recorded and awaiting deposit amounted to $6,416.59.
Prepare journal entries required to adjust the cash account at November 30. (Enter answers to 2 decimal places, e.g. 125.62. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Account Titles and Explanation | Debit | Credit |
(To record interest) | ||
(To record bank service charges) | ||
(To record NSF Check) |
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