Jordan Corporation received a bank statement showing a balance of $ as of October The firm's records showed a book balance of $ on October The difference between the two balances was caused by the following items.
A debit memorandum for an NSF check from James West for $
Three outstanding checks: Check for $ Check for $ and Check for $
A bank service charge of $
A deposit in transit of $ The deposit was made on October using the bank's ATM machine after the bank had closed.
Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. Also prepare the necessary journal entry for the year X
Complete this question by entering your answers in the tabs below.
Bank
Reconciliation
Statement
General
Journal
Prepare the necessary journal entry for the year
Note: If no entry is required for a particular transaction, select No journal entry required" in the first account field.
Journal entry worksheet
Record the returned check.
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CredittableOctober
