Show Attempt History Current Attempt in Progress Sheffield is unable to reconcile the bank balance at January 31. Sheffield's reconciliation is as follows. Cash balance per bank $4,060.20 Add: NSF check 440.00 Less: Bank service charge 34.00 Adjusted balance per bank $4,466.20 Cash balance per books $4,375.20 Less: Deposits in transit 780.00 Add: Outstanding checks 939.00 Adjusted balance per books $4,534.20
Show Attempt History Current Attempt in Progress Sheffield is unable to reconcile the bank balance at January 31. Sheffield's reconciliation is as follows. Cash balance per bank $4,060.20 Add: NSF check 440.00 Less: Bank service charge 34.00 Adjusted balance per bank $4,466.20 Cash balance per books $4,375.20 Less: Deposits in transit 780.00 Add: Outstanding checks 939.00 Adjusted balance per books $4,534.20
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![(b)
Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when amount is entere
indent manually. Round answers to 2 decimal places, e.g. 52.75.)
No. Account Titles and Explanation
Debit
Credit
1.
(To record NSF check.)
(To record bank service charge.)
eTextbook and Media
List of Accounts
Save for Later
Attempts: 0 of 2 used
Submi
li Z A
APR
19
étv
2.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F05b279d9-5f68-4ff6-85d9-8e9c15beccab%2F28c2922f-b806-4266-8553-b8a1f7561414%2Ftgs9cv_processed.png&w=3840&q=75)
Transcribed Image Text:(b)
Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when amount is entere
indent manually. Round answers to 2 decimal places, e.g. 52.75.)
No. Account Titles and Explanation
Debit
Credit
1.
(To record NSF check.)
(To record bank service charge.)
eTextbook and Media
List of Accounts
Save for Later
Attempts: 0 of 2 used
Submi
li Z A
APR
19
étv
2.
![View Policies
Show Attempt History
Current Attempt in Progress
Sheffield is unable to reconcile the bank balance at January 31. Sheffield's reconciliation is as follows.
Cash balance per bank
$4,060.20
Add: NSF check
440.00
Less: Bank service charge
34.00
Adjusted balance per bank
$4,466.20
Cash balance per books
$4,375.20
Less: Deposits in transit
780.00
Add: Outstanding checks
939.00
Adjusted balance per books
$4,534.20
(a)
Your answer is correct.
APR
1 ali Z A
19
étv](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F05b279d9-5f68-4ff6-85d9-8e9c15beccab%2F28c2922f-b806-4266-8553-b8a1f7561414%2Fs1a98g_processed.png&w=3840&q=75)
Transcribed Image Text:View Policies
Show Attempt History
Current Attempt in Progress
Sheffield is unable to reconcile the bank balance at January 31. Sheffield's reconciliation is as follows.
Cash balance per bank
$4,060.20
Add: NSF check
440.00
Less: Bank service charge
34.00
Adjusted balance per bank
$4,466.20
Cash balance per books
$4,375.20
Less: Deposits in transit
780.00
Add: Outstanding checks
939.00
Adjusted balance per books
$4,534.20
(a)
Your answer is correct.
APR
1 ali Z A
19
étv
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