Prepare any journal entries that the company should make as a result of the bank...
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Accounting
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.)
Required information [The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: BANK STATEMENT Checks Deposits Balance s 45,600 38,000 64,470 51,570 86,570 86,040 85,960 86,020 85,890 Date Dec. 1 Other 6 $7,600 530 $27,000 17 23 26 30 31 31 12,900 35,000 530 $280 60 130 17,800 18,000 NSF* Interest earned Service charge * NSF check from J. Left, a customer Cash (A) Dec. 1 Balance 45,600 Deposits Dec. 11 23 30 31 Checks written during December: 27,000 35,000 18,000 12,000 7,600 530 12,900 530 130 17,800 4,500 Dec. 31 Balance 93,610 There were no deposits in transit or outstanding checks at November 30
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.)






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