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A company's Cash account shows a balance of $3,420 at the end of the month. Comparing the company's Cash account with the monthly bank statement
A company's Cash account shows a balance of $3,420 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as bank service fees $50, an NSF check from a customer $330, a customer's note receivable collected by the bank $1,000, and interest earned $140.
1. Record the entries that increase cash
2. Record the entries that increase cash
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