[The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Date December 1 December 6 December 11 December 17 December 23 December 26 December 30 December 1 Deposits December 11 December 23 December 30 December 31 December 31 Checks $ 7,680 610 16,900 610 23,400 December 31 December 31 *NSF check from J. Left, a customer. View transaction list Debit Balance Deposits Balance $ 28,000 37,000 19,000 Cash (A) 55,200 28,000 37,000 19,000 14,000 98,390 Other NSF* Interest earned Service charge Journal entry worksheet < A B C D E Credit Checks written during December: 7,680 610 16,900 Record the interest of $80 received from the bank. 610 210 There were no deposits in transit or outstanding checks at November 30. $360 80 210 23,400 5,400 Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Balance $ 55,200 47,520 74,910 58,010 95,010 94,400 89,640 89,720 89,510 >
[The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Date December 1 December 6 December 11 December 17 December 23 December 26 December 30 December 1 Deposits December 11 December 23 December 30 December 31 December 31 Checks $ 7,680 610 16,900 610 23,400 December 31 December 31 *NSF check from J. Left, a customer. View transaction list Debit Balance Deposits Balance $ 28,000 37,000 19,000 Cash (A) 55,200 28,000 37,000 19,000 14,000 98,390 Other NSF* Interest earned Service charge Journal entry worksheet < A B C D E Credit Checks written during December: 7,680 610 16,900 Record the interest of $80 received from the bank. 610 210 There were no deposits in transit or outstanding checks at November 30. $360 80 210 23,400 5,400 Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Balance $ 55,200 47,520 74,910 58,010 95,010 94,400 89,640 89,720 89,510 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Do not give answer in image
![Required information
[The following information applies to the questions displayed below.]
The December bank statement and cash T-account for Stewart Company follow:
Date
December 1
December 6
December 11
December 17
December 23
December 26
December 30
December 31
December 31
*NSF check from J. Left, a customer.
December 1
Deposits
December 11
December 23
December 30
December 31
December 31
Checks
View transaction list
$ 7,680
610
16,900
610
23,400
Debit
Balance
Balance
Transaction
1
Deposits
BANK STATEMENT
$ 28,000
Journal entry worksheet
< A
Note: Enter debits before credits.
37,000
19,000
Cash (A)
55,200
28,000
37,000
19,000
14,000
98,390
B C D E
Other
NSF*
Interest earned
Service charge
There were no deposits in transit or outstanding checks at November 30.
Record the interest of $80 received from the bank.
General Journal
Credit
Checks written during December:
7,680
610
Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.)
16,900
610
210
23,400
5,400
$360
80
210
Debit
Balance
$ 55,200
47,520
74,910
58,010
95,010
94,400
89,640
Credit
89,720
89,510
>](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa3dd320d-6055-44f2-9e3c-46fd27e36197%2F52e17d7e-3fc2-49af-aa65-0c6ae9f27845%2F7buxixp_processed.png&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
The December bank statement and cash T-account for Stewart Company follow:
Date
December 1
December 6
December 11
December 17
December 23
December 26
December 30
December 31
December 31
*NSF check from J. Left, a customer.
December 1
Deposits
December 11
December 23
December 30
December 31
December 31
Checks
View transaction list
$ 7,680
610
16,900
610
23,400
Debit
Balance
Balance
Transaction
1
Deposits
BANK STATEMENT
$ 28,000
Journal entry worksheet
< A
Note: Enter debits before credits.
37,000
19,000
Cash (A)
55,200
28,000
37,000
19,000
14,000
98,390
B C D E
Other
NSF*
Interest earned
Service charge
There were no deposits in transit or outstanding checks at November 30.
Record the interest of $80 received from the bank.
General Journal
Credit
Checks written during December:
7,680
610
Prepare any journal entries that the company should make as a result of the bank reconciliation. (If no entry is required for a
transaction/event, select "No Journal Entry Required" in the first account field.)
16,900
610
210
23,400
5,400
$360
80
210
Debit
Balance
$ 55,200
47,520
74,910
58,010
95,010
94,400
89,640
Credit
89,720
89,510
>
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