says its incomplete why? is this correct?
General Company's Cash occount shows a $7,000 debit balance and its bank statement shows $6,210 cash on deposit at the close of business on August 31. Additional information follows. a. August 31 cash receipts of $2,740 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 $270 NSF check from a customer; the company has not yet recorded this NSF check: c. Outstanding checks as of August 31 total $2,620. d. In reviewing the bank statement, a $230 check written by Generic Company was mistakenly drawn against General Company's account. e. The August 31 bank statement lists $170 in bank service charges; the company has not yet recorded the cost of these services. 1. Prepare a bank reconciliation for the company. 2. Prepare any necessary journal entries that the company must record as a result of preparing the bank reconciliation. Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation for the company. eneral Company's Cash account shows a $7,000 debit balance and its bank statement shows $6,210 cash on deposit dit the ciuse ul usiness on August 31. Additional information follows. a. August 31 cash receipts of $2,740 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 $270 NSF check from a customer; the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $2,620. d. In reviewing the bank statement, a $230 check written by Generic Company was mistakenly drawn against General Company's account. e. The August 31 bank statement lists $170 in bank service charges; the company has not yet recorded the cost of these services. 1. Prepare a bank reconciliation for the company. 2. Prepare any necessary journal entries that the company must record as a result of preparing the bank reconciliation. Complete this question by entering your answers in the tabs below. Prepare any necessary journal entries that the company must record as a result of preparing the bank reconciliation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. General Company's Cash occount shows a $7,000 debit balance and its bank statement shows $6,210 cash on deposit at the close of business on August 31. Additional information follows. a. August 31 cash receipts of $2,740 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 $270 NSF check from a customer; the company has not yet recorded this NSF check: c. Outstanding checks as of August 31 total $2,620. d. In reviewing the bank statement, a $230 check written by Generic Company was mistakenly drawn against General Company's account. e. The August 31 bank statement lists $170 in bank service charges; the company has not yet recorded the cost of these services. 1. Prepare a bank reconciliation for the company. 2. Prepare any necessary journal entries that the company must record as a result of preparing the bank reconciliation. Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation for the company. eneral Company's Cash account shows a $7,000 debit balance and its bank statement shows $6,210 cash on deposit dit the ciuse ul usiness on August 31. Additional information follows. a. August 31 cash receipts of $2,740 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 $270 NSF check from a customer; the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $2,620. d. In reviewing the bank statement, a $230 check written by Generic Company was mistakenly drawn against General Company's account. e. The August 31 bank statement lists $170 in bank service charges; the company has not yet recorded the cost of these services. 1. Prepare a bank reconciliation for the company. 2. Prepare any necessary journal entries that the company must record as a result of preparing the bank reconciliation. Complete this question by entering your answers in the tabs below. Prepare any necessary journal entries that the company must record as a result of preparing the bank reconciliation. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field
