2 Record entries for any items on the bank reconciliation st

2. Record entries for any items on the bank reconciliation statement that must be journalized. Date the entries December 31\", 2017. (2 Poin 9,75O Check ind ccHy onged heCK 3 ndusied bonk bAlance 31,650 Cheac 341 3 100 service charge 25 525 ndusted book bdlonee ,050

Solution

Journal Entries are made in the company\'s books :

Date	Accounts titles and description	Debit $	Credit $
Dec 31, 2017	Cash	1210
	Interest Revenue		1210
	(being interest revenue directly received by bank, now recoded in the books)
	Cash	100
	Accounts Payable / Accounts receivable		100
	(over-recorded of payment reversed or under recorded of receipt have been recorded)
	Bank Charges expense	25
	Cash		25
	(being bank charges recorded)
Dec 31 2017	Accounts Receivables	525
	Cash		525
	(being the deposit check returned uncleared, so entry reversed)