! Required information 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 6 December 11 December 17 December 23 Checks $ 7,680 Deposits. Other Balance $ 55,200 47,520 610 16,900 $ 28,000 74,910 58,010 37,000 95,010 December 26 610 94,400 December 30 23,400 19,000 NSF $ 360 89,640 December 31 December 31 Interest earned Service charge 80 89,720 210 89,510 NSF check from J. Left, a customer. Debit December 1 Balance Deposits December 11 December 23 December 30 December 31 December 31 Balance Cash (A) Credit 55,200 Checks written during December: 28,000 7,680 37,000 610 19,000 16,900 14,000 610 210 23,400 5,400 98,390 There were no deposits in transit or outstanding checks at November 30. Prev 11 8= of 15 Next >