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A company's Cash account shows a balance of $5,640 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 $5,640 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as deposits outstanding $1,240, checks outstanding $2,440, bank service fees $44, an NSF check from a customer $190, a customer's note receivable collected by the bank $580, and interest earned $62. Record the entries that INCREASE CASH.
Record the entries that DECREASE CASH
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