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1. Danah Inc. has a 12/31/2017 cash balance of $10,600. The 12/31/2017 bank statement showed a balance of $10,420. The difference between the cash balance
1. Danah Inc. has a 12/31/2017 cash balance of $10,600. The 12/31/2017 bank statement showed a balance of $10,420. The difference between the cash balance and the bank statement is with check 850. Danah Inc. correctly recorded the check (paid to an employee for a salary) for $2,020. The bank incorrectly recorded the check for $2,200. Prepare all journal entries necessary to correct the bank error (2 points)
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