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a. Prepare a bank reconciliation for June 30 b. Prepare any adjusting entries necessary as a result of the bank reconciliation PROBLEM #2: Prepare journal

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a. Prepare a bank reconciliation for June 30 b. Prepare any adjusting entries necessary as a result of the bank reconciliation PROBLEM #2: Prepare journal entries to record the following transactions entered into by the Merando Company: 2011 June 1 Received a $9,000, 6%, 1-year note from Dan Gore as full payment on his account Nov. 1 Sold merchandise on account to Barlow, Inc., for $12,000, terms 2/10, n/30 Nov. 5 Barlow, Inc., returned merchandise worth $1,000. Nov. 9 Received payment in full from Barlow, Inc. Dec. 31 Accrued interest on Gore's note. 2012 June 1 Dan Gore honored his promissory note by sending the face amount plus interest

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