Journal entry worksheet 4 Record the EFT received on account

Journal entry worksheet 4 Record the EFT received on account. Note: Enter debits before credits. Debit Credit Date General Journal July 31, 2019 Clear entry View general journal Record entry Bank Rec Analyze >

Solution

Bank reconciliation Bank balance 13242 Add Deposit in transit 2250 Outstanding checks 15492 Check 712 119 Less Outstanding checks 1302 check 713 134 Adjusted bank balance 14190 Check 716 247 Check 736 586 Check 739 87 Check 741 129 1302 Cash balance 12362 Add EFT deposit 2129 Interest received 72 2201 Less NSF cheque 365 service charge 8 373 Adjusted cash balance 14190 Journal entry 1 Cash 2201          Notes receivable 2129          Interest revenue 72 2 Misc. expense 8 Accounts payable 365          Cash 373