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Adjusting Entry from Bank Reconciliation Pyramid Corporation is assessed a $40 fee as the result of a $126 NSF check received from a customer for

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Adjusting Entry from Bank Reconciliation Pyramid Corporation is assessed a $40 fee as the result of a $126 NSF check received from a customer for services purchased on account. Neither the fee nor the NSF check has been accounted for on Pyramid's books. Required: Record the appropriate journal entry to update Pyramid's books. If an amount box does not require an entry, leave it blank. (Record NSF check and accompanying bank service charge) Adjusting Entry from Bank Reconciliation Pyramid Corporation is assessed a $40 fee as the result of a $126 NSF check received from a customer for services purchased on account. Neither the fee nor the NSF check has been accounted for on Pyramid's books. Required: Record the appropriate journal entry to update Pyramid's books. If an amount box does not require an entry, leave it blank. Accounts Payable Bank Service Charge Expense bmpanying bank service charge) Cash Fees Earned Notes Payable

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