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A companys NSF check for $375.00 was returned with the monthly bank statement. The bank charged a $50.00 fee.On the bank statement for the bounced

A companys NSF check for $375.00 was returned with the monthly bank statement. The bank charged a $50.00 fee.On the bank statement for the bounced check.

Required: Record the adjusting entry after the bank reconciliation is completed, for the bounced check.

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