Prepare any necessary journal entries based on the following data regarding the bank reconciliation prepared by Macky Park on Nov. 30, 2019.
a)Outstanding cheques amount to $6,950.
b)The service charges for November amount to $55.
c)Cheque #443 for $480 for the cash purchase of office supplies was erroneously recorded by the bookkeeper as $48.
d)The bank erroneously credited Macky Park's account for $300 for a deposit made by Lacky Park.
e)A deposit ticket correctly prepared for $100 appeared on the bank statement as a deposit for $1,000.
f)Cheque #650 for $4,000 for Rent expense was erroneously recorded by the bookkeeper as $400.
g)A customer's cheque for $950 was returned with the bank statement and stamped NSF.

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The Answer of Prepare any necessary journal entries based on the following data regarding the bank reconciliation prepared by Macky Park on Nov. 30, 2019.
a)Outstanding cheques amount to $6,950.
b)The service charges for November amount to $55.
c)Cheque #443 for $480 for the cash purchase of office supplies was erroneously recorded by the bookkeeper as $48.
d)The bank erroneously credited Macky Park's account for $300 for a deposit made by Lacky Park.
e)A deposit ticket correctly prepared for $100 appeared on the bank statement as a deposit for $1,000.
f)Cheque #650 for $4,000 for Rent expense was erroneously recorded by the bookkeeper as $400.
g)A customer's cheque for $950 was returned with the bank statement and stamped NSF.

Prepare Any Necessary Journal Entries Based on the Following Data