Requirement $2.$ Journalize the January $31$ transastions needed to update FSAs Cash account Include an eoplanation for each anty.

Begin by recording the interest earned on the bank balance. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table. Round your answers to the nearest cent.$)$

Noxt, rooord the EFT payment of utilifes. $($Reoord debits first, then aredits. Seloot the explanation on the last line of the journal entry table$).$

In this slep, record the EFT payment of insurance. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table$)$

Next, record the docation that was electronically deposited to the bank for FSA. $($Record debits first, then credits. Select the explanation on fie last line of the journal entry table$)$

In this step, record the bark service charge $($Record debits first, then credits. Select the explanation on the last line of the journal entry table. Round your answers to the nearest cent$)$

Data for bank reconciliation

a$.$ FSA's Cash account shows a balance of $$2,199\mathrm{.}11$ on January $31.$

b$.$ The January $31$ bank balance is $$4,021\mathrm{.}05.$

c$.$ The bank statement shows that FSA eamed $$38\mathrm{.}79$ of interest on its bank balance

during January. This amount was added to FSA's bank balance.

d$.$ FSA pays utilities $($$$220)$ and insurance $($$$110)$ by EFT.

e$.$ The FSA cheques that did not clear the bank by January $31$ are provided in the

accompanying table.

f$.$ The bank statement includes a denation of $$875,$ electronically deposited to the bank

for FSA

g$.$ The bank statement lists a $$10\mathrm{.}90$ bank service charge

h$.$ On January $31,$ the FSA treasurer deposited $$16\mathrm{.}25,$ which will appear on the bank

statement.

i$.$ The bank statement includes a $$294$ deposit that FSA did not make. The bank

added $$294$ to FSA's account for another company's deposit.

j$.$ The bank statement includes two charges for retumed cheques from donors. One is

a $$405$ cheque received from a donor with the imprint "Unauthorized Signature." The

other is a nonsufficient funds cheque in the amount of $$147\mathrm{.}17$ received from a

client