Answer Happy

9:27 TB Problem 5-170 (Algo) The following information is available... The following information is available for the Tierney Company for the month of November. .On November 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $28,102. • The company's bank statement shows a balance on November 30 of $29,729. . Outstanding checks at November 30 include check #3030 in the amount of $1,660 and check # 3556 in the amount of $1,504. • Included with the bank statement was a credit memo in the amount of $860 for an EFT in payment of a customer's account. . The bank deducted $94 for an NSF check from a customer deposited on November 22. • A deposit placed in the bank's night depository on November 30 totaled $1,810 and did not appear on the bank statement. . Examination of the checks on the bank statement with the entries in the accounting records reveals that check #3445 for the payment of an account payable was correctly written for $2,540 but was recorded in the accounting records as $2,720. • Included with the bank statement was a debit memorandum in the amount of $70 for bank service charges. Required: Prepare the journal entries for the items that would appear on the company's bank reconciliation as of November 30. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 2 3 4 1 Record a credit memo in the amount of $860 for an EFT in payment of a customer's account.. Note: Enter debits before credits.
15 Journal entry worksheet & Record the payment of an account payable which was correctly written for $2,540, but was recorded in the accounting records as $2,720. 1 Note: Enter debits before credits. Date November 30 3 Record entry General Journal Clear entry Debit Credit View general journal
9:05 Journal entry worksheet < 1 2 ME Record the amount $94 deducted for an NSF check from a customer deposited on November 22. Note: Enter debits before credits. Date November 30 Record entry 4 General Journal Clear entry Debit Credit View general journal
Journal entry worksheet < 1 2 3 Record a debit memorandum in the amount of $70 for bank service charges. Note: Enter debits before credits. Date November 30 $ Record entry General Journal Clear entry Debit Credit View general journal