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