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Required Information [The following information applles to the questions displayed below] Organic Food Company's Cash account shows a $5,500 debit balance and its bank statement

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Required Information [The following information applles to the questions displayed below] Organic Food Company's Cash account shows a $5,500 debit balance and its bank statement shows $5,160 on deposit at the close of business on August 31 . a. August 31 cash recelpts of $1,240 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 \$120 NSF check from a customer the company has not yet recorded this NSF check c. Outstanding checks as of August 31 total $1,120. d. In revlewing the bank statement, an $80 check written by Organic Fruits was mistakenly drawn against Organic Food's account e. The August 31 bank statement ilsts $20 in bank service charges; the company has not yet recorded the cost of these services. repare any necessary journal entries that Organic Food Company must record as a result of preparing the bank reconcillation. (if no intry is required for a trensoction/event, select "No journal entry required" In the first account fleld.) Journal entry worksheet August 31 cash receipts of $1,240 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement. Motet Enter delits befpre credits

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