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Use the following bank statement and T-account to prepare any journal entries needed as a result of the May 31 bank reconciliation (If no entry
Use the following bank statement and T-account to prepare any journal entries needed as a result of the May 31 bank reconciliation (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Checks BANK STATEMENT Deposits Other $ 50 Date May 1 May 4 May 12 May 28 May 30 May 31 NSF check $ 50 #2 #4 #5 #6 #8 $ 10 100 20 15 55 Balance $ 200 240 90 70 255 195 200 Service charge 5 Cash (A) Debit Credit May 1 May 3 200 50 10 70 100 20 15 25 25 May 3 #2 May 4 #3 May 8 14 May 11 #5 May 21 16 May 29 #7 May 30 #8 May 29 May 30 May 31 200 150 305 View transaction list 30 Journal entry worksheet 1 2 Record bank service charges. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general Journal 305 May 31 View transaction list Journal entry worksheet
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