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  3. a. deposit of $ 1700 is in transit. b. geoff's del

A. deposit of $ 1700 is in transit. B. Geoff's Deli has an ending checkbook...

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Question

Accounting

A. deposit of $ 1700 is in transit. B. Geoff's Deli has an ending checkbook balance of $ 5250. C.Checks outstanding: no. 111, $ 600; no. 119, $ 1350; no.121, $ 400. D. Richard Gullo's check for $ 1000 bounced due to lack of sufficient funds. E. Bank Service Charge $ 35.

(2) Journalize the appropriate entries as needed. (Record debits first, then credits. Exclude explanations from journal entries.)

Richard Gullo's check for

$1,000 bounced due to lack of sufficient funds.

Journal Entry

Date

Account Titles

PR

Debit

Credit

Feb.

28

Accounts Receivable

1,000

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