The following reconciling items are applicable to the bank reconciliation for Ellington Company. Indicate which items will require a journal entry. a. b. C. d. e. f. Outstanding cheques. Bank debit memorandum for service charge. EFT payment made by a customer. Deposits in transit. Company error in recording a cheque made ut for $880 as $808. A bank error in clearing a cheque against Ellington Company's bank account, when the cheque was written by Wellington Company. 100
The following reconciling items are applicable to the bank reconciliation for Ellington Company. Indicate which items will require a journal entry. a. b. C. d. e. f. Outstanding cheques. Bank debit memorandum for service charge. EFT payment made by a customer. Deposits in transit. Company error in recording a cheque made ut for $880 as $808. A bank error in clearing a cheque against Ellington Company's bank account, when the cheque was written by Wellington Company. 100
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5DQ
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