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- X Bank reconciliation report Books Bank 3,550 $ Balance, October 31 5,484 Balance, October 31 Add: Add: 400 558 Bank collection Deposit in transit 16 5,884 Interest revenue 4,124 Less: Less: Service charge (1,800) Outstanding checks (15) (25) (40) NSF check $ 4,084 $ 4,084 Adjusted book balance Adjusted bank balance Print Done The Cash account of Randell Corporation had a balance of $3,550 at October 31, 2018. Included were outstanding checks totaling $1,800 and an October 31 deposit of $400 that did not appear on the bank statement. The bank statement, which came from Panorama State Bank, listed an October 31 balance of $5,484. Included in the bank balance was an October 30 collection of $558 on account from a customer who pays the bank directly. The bank statement also showed a $15 service charge, $16 of interest revenue that Randell earned on its bank balance, and an NSF check for $25. Randell Corporation's bank reconciliation follows. (Click the icon to view the bank reconciliation report.) Read the requirement. Make the company's journal entries for transactions that arise from the bank reconciliation. Date each transaction October 31, 2018, and include an explanation with each entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Record the bank collection. Journal Entry Accounts and Explanations Debit Credit Date 2018 Oct 31 Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirement. Journal Entry Debit Credit Date Accounts and Explanations 2018 Oct 31 Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirement. Record the interest revenue. Journal Entry Debit Credit Date Accounts and Explanations 2018 Oct 31 Choose from any list or enter any number in the input fields and then continue to the next question. Record the bank service charge. Journal Entry Accounts and Explanations Debit Credit Date 2018 Oct 31 Choose from any list or enter any number in the input fields and then continue to the next question. Record the NSF check returned by the bank. Journal Entry Accounts and Explanations Debit Credit Date 2018 Oct 31 Choose from any list or enter any number in the input fields and then continue to the next

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