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SCHOOL Getting Started - F20 MGMT.00002 Organizati Surah mework Saved Help S. #102 #103 #104 200 see 1,000 April 12 April 19 April 22 April
SCHOOL Getting Started - F20 MGMT.00002 Organizati Surah mework Saved Help S. #102 #103 #104 200 see 1,000 April 12 April 19 April 22 April 27 April 29 April 30 7,600 7,100 6,100 5,900 5,800 5,775 EFT payment NSF check Service charge $200 100 25 April i Balance April 8 April 28 Cash (A) 6,000 2,500 500 700 200 500 1,100 300 April 2 #101 April 10 #102 April 15 33 April 20 6104 April 29 6105 April 30 Balance 6,280 No outstanding checks and no deposits in transit were noted in March. However, there are deposits in transit and checks outstanding at the end of April. The EFT involved an automatic monthly payment to one of Maxx's creditors. Check #104 was written for $1,100. The NSF check had been received from a customer. 2. Prepare any journal entries that should be made as a result of the bank reconciliation. TIP: Remember to make entries only for items that affect the company's books, not the bank. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet NO Transaction General Journal Debit Credit 1 1 No Transaction Recorded View transaction list Journal entry worksheet Record the electronic funds transfer of $200 made to a creditor. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal View transaction list Journal entry worksheet Record the service charges of $25 deducted by the bank. Note: Enter debits before credits. Transaction General Journal 5 Debit Credit 3 Record entry Clear entry View general Journal
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