Question
As of June 30, Year 1, the bank statement showed an ending balance of $17,291. The unadjusted Cash account balance was $16,415. The following
As of June 30, Year 1, the bank statement showed an ending balance of $17,291. The unadjusted Cash account balance was $16,415. The following information is available: 1. Deposit in transit: $2.730. 2. Credit memo in bank statement for interest earned in June: $14. 3. Outstanding check: $3,606. 4. Debit memo for service charge: $14. . Record in general journal format the adjusting entries necessary to correct the unadjusted book balance. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.)
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
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