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Di Stefano Office Supply Company received a bank statement showing a balance of $67,605 as of March 31, 2019. The firms records showed a book balance of $69,439 on March 31. The difference between the two balances was caused by the following items.

1. A debit memorandum for $42, which covers the banks collection fee for the note (item 6).
2. A deposit in transit of $3,300.
3. A check for $240 issued by another firm that was mistakenly charged to Di Stefanos account.
4. A debit memorandum for an NSF check of $6,095 issued by Wozniak Construction Company, a credit customer.
5. Outstanding checks: Check 3782 for $1,800; Check 3840 for $143.
6. A credit memorandum for a $5,900 noninterest-bearing note receivable that the bank collected for the firm.

Prepare a bank reconciliation statement for the firm as of March 31. Prepare the necessary journal entries for March 31, 2019 from the

Next I have to prepare a general journal recording the following entries, Whatever does not need to be recorded we must indicate no journal entry required.

• 1

  Record the bank collection fee.

• 2

  Record the deposit in transit.

• 3

  Record the check incorrectly charged.

• 4

  Record the returned check.

• 5

  Record the outstanding checks.

• 6

  Record note collected by the bank.

I STEFANO SUPPLY C Bank March 31, 2019 Balance on bank statement Additions Deposit in transit Check incorractly charged Deductions Total deductions Adjusted bank balance Balance in books Additions Deductions Adjusted book balance

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