Journalize the adjusting entries at July 31 on the books

Journalize the adjusting entries at July 31 on the books of Blossom Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date Account Titles and Explanation Debit Credit
July 31 Enter an account title to record electronic funds transfer received by bank on july 31 Enter a debit amount Enter a credit amount
Enter an account title to record electronic funds transfer received by bank on july 31 Enter a debit amount Enter a credit amount
(To record electronic funds transfer received by bank)
July 31 Enter an account title to record bank service charge on july 31 Enter a debit amount Enter a credit amount
Enter an account title to record bank service charge on july 31 Enter a debit amount Enter a credit amount
(To record bank service charge)

The following information pertains to Blossom Company.

1. Cash balance per bank, July 31, $10,962.
2. July bank service charge not recorded by the depositor $63.
3. Cash balance per books, July 31, $11,088.
4. Deposits in transit, July 31, $4,473.
5. $2,520 collected for Blossom Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Blossom Company.
6. Outstanding checks, July 31, $1,890.

 

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