Using the Following Information, Record Journal Entries That Would Be

question 26

Essay

Using the following information, record journal entries that would be necessary after preparing the bank reconciliation for Johnson Brothers. All items will not require an entry.
a)The book balance is $5,895.62.
b)Outstanding cheques total $1,233.25.
c)The bank service charge based on the bank statement is $50.
d)A customer's cheque for $500 was returned for non-sufficient funds.
e)A deposit of $3,000 was credited to Johnson Brothers for $300 by the bank.
f)The bookkeeper recorded a $1,200 cheque as $120 in payment of the current month's rent.

---

Definitions:

Dissociative Fugue

A rare psychiatric disorder characterized by reversible amnesia for personal identity, including the memories, personality, and other identifying characteristics of individuality.

Extramarital Affair

A romantic or sexual relationship a married individual engages in outside of their marriage without the consent of their spouse.

PTSD

Post-Traumatic Stress Disorder, a mental health condition triggered by witnessing or experiencing a terrifying event, resulting in lasting anxiety and trauma-related symptoms.

Roadside Bomb

An explosive device placed or buried on the side of a road, intended to detonate as a target passes by, often used in guerrilla warfare and terrorist attacks.