End. Balance 18,260 BC - Bank Collections, EFT- Electronic Fund Transfer, NSF- Nonsufficient funds checks, SC - Service Charge - The EFT Deposit was a receipt of rent. The EFT check was an insurance payment. - The NSF check was received from a customer - The $1,400 bank collection was for a note receivable. - The correct amount of check number 1419 for rent expense is $1,910. Dickson's controller mistakenly recorded the check for $1,190. Requirements 1- Prepare the Bank Reconciliation of Dickson Insurance at Dec, 31, 2015 2- Journalize any required entries from the bank reconciliation
End. Balance 18,260 BC - Bank Collections, EFT- Electronic Fund Transfer, NSF- Nonsufficient funds checks, SC - Service Charge - The EFT Deposit was a receipt of rent. The EFT check was an insurance payment. - The NSF check was received from a customer - The $1,400 bank collection was for a note receivable. - The correct amount of check number 1419 for rent expense is $1,910. Dickson's controller mistakenly recorded the check for $1,190. Requirements 1- Prepare the Bank Reconciliation of Dickson Insurance at Dec, 31, 2015 2- Journalize any required entries from the bank reconciliation
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 3.7C
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