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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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
Transcribed Image Text: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
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