Nettet31. jul. 2024 · July bank service charge not recorded by the depositor $42. Cash balance per books, July 31, $7.392. Deposits in transit, July 31, $2.982. $1,680 collected for Cullumber Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Cullumber Company Outstanding … NettetThe bank service charge is $40. A check for $72 for supplies was recorded as $27 in the ledger. 2. Journalize the entries to record the following: Aug 1. Established a petty cash fund of $500 Aug 30. The amount of cash in the petty cash fund is now $190. The fund is replenished based on the following receipts: office supplies, $220; postage, $80.
Bank Charges Journal Entry - CArunway
Nettetjournalize. [ jur-nl-ahyz ] verb (used with object), jour·nal·ized, jour·nal·iz·ing. to tell or relate as one would in keeping a journal. to enter or record in a journal. (in double-entry … Nettet12. nov. 2024 · The bank reconciliation journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting relating to bank reconciliation adjustments. In each case the bank reconciliation journal entries show the debit and credit account together with a brief narrative. hertz lincoln blvd
Bank Service Charge Journal Entry Example
Nettet(b) Journalize the adjusting entries at July 31 on the books of Sunland Company. Problem-11 Cash balance per bank, July 31, $8,438. July bank service charge not recorded by the depositor $62. Cash balance per books, July 31, $8,474. Deposits in transit, July 31, $3,810. Nettet13. mar. 2024 · Bank statement contains a $100 service charge for operating the account; Bank statement contains interest income of $20; XYZ issued checks of … Nettet27. mar. 2024 · fee $20) 716 8,000 Less: Bank service charge 28 Adjusted cash balance per books $7,972 B. Journalize the adjusting entries at July 31 on the books of Crane Video Company. The adjusting entry would be, Date Account Title Debit Credit Jul 31 Cash 716 Miscellaneous Expense 20 Notes Receivable 700 Interest Revenue 36 maynooth rooms to rent