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Adjusting Entry from Bank Reconcliation Samba Corporation operates in an industry with high collectabaity issues. Recently, one of Samba's customers wrote a check for $850
Adjusting Entry from Bank Reconcliation Samba Corporation operates in an industry with high collectabaity issues. Recently, one of Samba's customers wrote a check for $850 for services performed. 5 amba's bank later informed Samba that its customer did not have cash evaliable in his account to cover the 5850 charge. As a resuit, Samba's bank assesses a $30 fee as the result of the NSF check received, Samba has not yet adjusted its books for the bank fee or the NSF check. Required: Record the appropriate joumal entry to update Samba's books. If an amount box does not require an entry, leave it blank
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