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Required information PA5-3 (Algo) Identifying Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries [LO 5-4, LO 5-5] [The following information applies to the questions displayed below.] The December bank statement and cash T-account for Stewart Company follow: There were no deposits in transit or outstanding checks at November 30 . 1. Identify and list the deposits in transit at the end of December. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) $$\text{Unknown environment 'tabular'}$$ 2. Identify and list the outstanding checks at the end of December. (You may select more than one answec. Single click the box with the question mark to produce a check mark for a correct answer and double click the bok with the question mark to empty the box for a wrong answer. Any bokes left with a question mark will be automatically graded as incorrect.) $7,640 $570 $14.900 $170 $20,600 3. Prepare a bank reconciliation for December. At December 31 Bank Statement Ending Balance Per Bank Statement Ending Balan Additions: Bank Service Charges Additions: Deposit in Transit Interest Earned Deductions: NSF-J. Left Outstanding Checks Up-to-Date Cash Balance Journal entry worksheet Record the interest of $60 received from the bank. Note: Enter debits before credits. Journal entry worksheet Record the service charges of $170 deducted by the bank. Note: Enter debits before credits. Journal entry worksheet Record the return of the J. Left check of $320 due to insufficient funds. Note: Enter debits before credits. Record the checks outstanding at the end of the month. Note: Enter debits before credits. Journal entry worksheet Record the deposits in transit at the end of the month. Note: Enter debits before credits

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