[The following information applies to the questions displayed below.] Organic Food Company's Cash account shows a $6,500 debit balance and its bank statement shows $5,860 on deposit at the close of business on August 31.

1. August 31 cash receipts of $2,240 were placed in the banks night depository after banking hours and were not recorded on the August 31 bank statement.
2. The bank statement shows a $220 NSF check from a customer; the company has not yet recorded this NSF check.
3. Outstanding checks as of August 31 total $2,120.
4. In reviewing the bank statement, an $180 check written by Organic Fruits was mistakenly drawn against Organic Foods account.
5. The August 31 bank statement lists $120 in bank service charges; the company has not yet recorded the cost of these services.

Prepare any necessary journal entries that Organic Food Company must record as a result of preparing the bank reconciliation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Required information [The following information applies to the questions displayed below.] Organic Food Company's Cash account shows a $6,500 debit balance and its bank statement shows $5,860 on deposit at the close of business on August 31 . a. August 31 cash recelpts of $2,240 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 $220 NSF check from a customer; the company has not yet recorded this NSF check. c. Outstanding checks as of August 31 total $2,120. d. In reviewing the bank statement, an $180 check written by Organic Fruits was mistakenly drawn against Organic Food's account. e. The August 31 bank statement lists $120 in bank service charges; the company has not yet recorded the cost of these services. Prepare any necessary journal entries that Organic Food Company must record as a result of preparing the bank reconciliation. (If entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet August 31 cash receipts of $2,240 were placed in the bank's night depository after banking hours and were not recorded on the August 31 bank statement