Badly need please Matapat BankLimay, Bataan BranchABM Consultancy ServicesDuale, Limay, BataanAccount No. o0345July 31, 2020DescriptionWithdrawalsDepositsBalanceDate30-Jun1-Jul4-Jul9-Jul25,00013,00038,0009,00047,0004 150,000 CM197,00012 2500 DM13-Jul194.50015-Jul Ck No. oo10018-Jul20-Jul Chk No. o010121-Ju Chk No. o010523-Ju26-Ju Chk No. o010330-Jul Chk No. 2109012,000182,50030,000212,5006,000206,50020,000186,50021,0003165.5009.900155,60011,000144,600Figure 1Use figure 1 to answer these questions. Show computations or journal entry in goodform.1. What is the journal entry for the bank error of P11,000?2. What is the journal entry for the credit memo of P150,000?3. What is the journal entry for the debit memo of P2,500?4. What is the journal entry for the NSF check of P21,000?

Solution: Journal entries for given transactions are as under:

1. What is the journal entry for the bank error of P11,000? 2. What is the journal entry for the credit memo of P150,000? 3. What is the journal entry for the debit memo of P2,500? 4. What is the journal entry for the NSF check of P21,000?

1. What is the journal entry for the bank error of P11,000? 2. What is the journal entry for the credit memo of P150,000? 3. What is the journal entry for the debit memo of P2,500? 4. What is the journal entry for the NSF check of P21,000?

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 4.13C

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