Prepare Any Necessary Journal Entries Based on the Following Data

question 111

Essay

Prepare any necessary journal entries based on the following data regarding the bank reconciliation prepared by Macky Park on Nov. 30, 2019.
a)Outstanding cheques amount to $6,950.
b)The service charges for November amount to $55.
c)Cheque #443 for $480 for the cash purchase of office supplies was erroneously recorded by the bookkeeper as $48.
d)The bank erroneously credited Macky Park's account for $300 for a deposit made by Lacky Park.
e)A deposit ticket correctly prepared for $100 appeared on the bank statement as a deposit for $1,000.
f)Cheque #650 for $4,000 for Rent expense was erroneously recorded by the bookkeeper as $400.
g)A customer's cheque for $950 was returned with the bank statement and stamped NSF.

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Definitions:

Approaches

Methods or strategies used to address problems or achieve goals.

Wellness Program

A structured plan or initiative designed to promote healthy living and improve health outcomes among participants, often implemented by employers.

Organization

Describes an arranged group of people and systems structured to meet a goal or a set of goals, often in a business or institutional context.

Personality Dimensions

Fundamental categories or aspects that describe and differentiate individual personalities, such as openness, conscientiousness, extraversion, agreeableness, and neuroticism.