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The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Checks Deposits Balance Date Other 60,000 52,280 79,630 60,730 97,730 97,080 89,480
The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Checks Deposits Balance Date Other 60,000 52,280 79,630 60,730 97,730 97,080 89,480 89,580 89,330 Dec. 1 $7,720 650 $28,000 18,900 11 17 23 37,000 26 650 $400 19,000 30 26,200 NSF* 31 Interest earned 100 Service charge 250 31 NSF check from J. Left, a customer. Cash (A) Dec. 1 Balance 60,000 Deposits Checks written during December: 7,720 650 Dec. 11 28,000 37,e00 19,000 14,00e 23 18,900 30 31 650 250 26,200 6,000 Dec. 31 Balance 97,630 There were no deposits in transit or outstanding checks at November 30. 4. Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet D E Record the interest of $100 received from the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Journal entry worksheet D A E Record the service charges of $250 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Journal entry worksheet A D E Record the return of the J. Left check of $400 due to insufficient funds. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Journal entry worksheet > D E Earlier this month, a check in the amount of $6,000 was recorded as a reduction in cash. As of December 31, that check was still outstanding. Note: Enter debits before credits. Debit Transaction General Journal Credit Journal entry worksheet
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