Prepare any journal entries based on the following data regarding the bank reconciliation prepared by Titon Com for the month of April 20XX:
Part A. The unadjusted balance in the cash account on Titon's books was $8,715.71.
Part B. The April 30 balance shown on Titon's bank statement was $8,472.36.
Part C. A customer that owed Titon $700 on a note paid the $700, and $35 for interest directly to Titon's bank. Titon did not know about this payment prior to receiving its bank statement.
Part D. Titon had made a deposit of $1,635.25 near the end of April that had not cleared the bank when it prepared Titon's bank statement.
Part E. Titon discovered that a check it had written for $153.15 had been erroneously recorded in its books as $135.15. This check had been written to pay an account payable.
Part F Three checks that Titon had written during April had not cleared the bank by April 30. The amounts of these checks were $147.90, $372.15, and $209.45.
Part G. Titon has a checking account that earns interest on the minimum monthly balance. The bank statement showed that $35.12 of interest was earned during April.
Part H The bank statement showed that a check written by one of Titon's customers was returned for NSF. The check was for $79.72. Titon did not know about the NSF check before receiving its bank statement.
Part I. The bank charged Titon a $10.00 service charge for the month of April.
REQUIRED: Prepare the necessary reconciliation entries for each part. Be sure to note which account is debited and credited.