Domingo Company received the following bank statement.Bank StatementBeginning balance$0 Deposits Checks A.$11,000 101$500 D.1,300 102500 103154 106489 Bank service charges100 Total$12,300 $1,743 Ending balance$10,557Prepare the journal entry required to reconcile the book balance to the bank balance. If an amount box does not require an entry field, leave it blank. fill in the blank 2fill in the blank 3 fill in the blank 5fill in the blank 6 **Bank Statement Description****Beginning balance:** $0**Deposits:**- A. $11,000- D. $1,300**Checks:**- Check 101: $500- Check 102: $500- Check 103: $154- Check 106: $489**Bank service charges:** $100**Totals:**- Deposits Total: $12,300- Checks Total: $1,743- Ending Balance: $10,557**Instructions:**Prepare the journal entry required to reconcile the book balance to the bank balance. If an amount box does not require an entry field, leave it blank.**Journal Entry Section:**| Account | Debit | Credit ||---------|-------|--------|| [Dropdown] | [ ] | [ ] || [Dropdown] | [ ] | [ ] |(End of transcription.)

Journal Entries are the entries to be recorded in the accounting books of the business books for all…

Answered: Domingo Company received the following…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Domingo Company received the following bank statement.

Bank Statement
Beginning balance	$0
	Deposits	Checks
A.	$11,000	101	$500
D.	1,300	102	500
		103	154
		106	489
		Bank service charges	100
Total	$12,300		$1,743
Ending balance	$10,557

Prepare the journal entry required to reconcile the book balance to the bank balance. If an amount box does not require an entry field, leave it blank.

		fill in the blank 2	fill in the blank 3
		fill in the blank 5	fill in the blank 6

**Bank Statement Description**

**Beginning balance:** $0

**Deposits:**
- A. $11,000
- D. $1,300

**Checks:**
- Check 101: $500
- Check 102: $500
- Check 103: $154
- Check 106: $489

**Bank service charges:** $100

**Totals:**
- Deposits Total: $12,300
- Checks Total: $1,743
- Ending Balance: $10,557

**Instructions:**
Prepare the journal entry required to reconcile the book balance to the bank balance. If an amount box does not require an entry field, leave it blank.

**Journal Entry Section:**

| Account | Debit | Credit |
|---------|-------|--------|
| [Dropdown] | [ ] | [ ] |
| [Dropdown] | [ ] | [ ] |

(End of transcription.)

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