Question
26. The following information is available for Nan Co. for the month ending June 30, 2018. Balance as per the bank statement is $11,240. Balance
26. The following information is available for Nan Co. for the month ending June 30, 2018. Balance as per the bank statement is $11,240. Balance on the books for Cash is $10,200. Check #506 for $1,200 and check #510 for $900 were not shown on the June 30 bank statement. A deposit in transit of $3,110 had not been received by the bank when the bank statement was generated. A bank debit memo indicated an NSF check for $85 written by Greyson to Nan Co. on June 13. A bank credit memo indicated a note collected by the bank of $2,100 and interest revenue of $55 on June 20. The bank statement shows service charges of $20. Prepare the bank reconciliation for Nan Co. for June 30, 2018 (next page).
What would the adjusting journal entries be for Greysons NSF check and the banks Service charge? (Description not needed.)
this is the last part of htis hard stuff please help me to understand and please show wor to answers
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