question 2

requirement 1

requirement 2

please enter the the correct accounts and values.

here are the list of accounts you have to use (please dont write the accounts different from the ones listed below)

requirement 1: list of accounts

automatic monthly loan payment

bank error

checks outstanding

deposits outstanding

error in recording check

NSF checks

service charges

requirement 2: list of accounts

no journal entry required

account payable

account receivable

accrued Interest receivable

accumulated depreciation

advertising expense

allowance for sales returns

allowance for uncollectible accounts

bad debt expense

building cash

cash

common stocks

cost of goods sold

deferred revenue

delivery expense

depreciation expense

discount know note payable

discount know note receivable

dividends

equipment

financial charge expense

furniture and fixtures

gain on sale of investment

income summary

income tax expense

income tax payable

insurance expense

interest expense

interest payable

interest receivable

interest revenue

inventory

inventory --estimated returns

land

liability--financing arrangement

loss on sale of note receivable

loss on sale of receivable

loss on troubled debt restructuring

maintanence expense

misc. expense

notes payable

notes receivable

office furniture

petty cash

postage expense

prepaid advertising

prepaid insurance

prepaid rent

receivable from factor

recourse liability

refund liability

rent expense

retained earnings

salaries expense

salaries payable

sales discount

sales discount forfeited

sales returns

service revenue

supplies

supplies expense

utitlies expense

utitlies payable

Return to question 2 Problem 7-174 The Fitzgerald Company maintains a checking account at the Bank of the North. The bank provides a bank statement along with canceled checks on the last day of each month. The October 31, 2018, bank statement included the following information: S 32,698 86,888 (75,200) (350) (1,600) Balance, October 1, 2e18 Deposits Checks processed Service charges NSF checks Monthly loan payment deducted directly by bank from account (includes $480 in interest) (3,480) S 38,140 Balance, October 31, 2818 The company's general ledger cash (checking) account had a balance of $42,544 at the end of October. Deposits outstanding totaled $4,224, and ell checks written by the company were processed by the bank except for those totaling $5.620. In addition, a check for $500 for the purchase of office furniture was incorrectly recorded by the company as a $50 disbursement. The bank correctly processed the check during October Required: 1. Prepare e bank reconciliation for the month of October 2. Prepare the necessary journal entries at the end of October to acjust the general ledger cash account. Answer is not complete. Complete this question by entering your answers in the tabs below. K Prey 2f 20Next>