At the end of the month of July you close the books of your company and received the bank statement. You are ready to start with the Adjusting journal entries and realized that a bank reconciliation must be performed.

First you collect the data from June $30$th reconciliation as follows:

Balance per Bank $ $10,000$

add: Deposits in Transit $ $1,800$

deduct: Outstanding Cheques $ $(2,200)$

Balance per Books $ $9,600$

Second you close your update your Cash and bank account with all transactions recorded before AJE and you have:

Balance July $31$ $ $12,000$

Deposits $ $7,300$

Cheques $ $4,800$

Third you look at the bank statement provided by your bank and you see the following:

Balance July $31$ $ $12,430$

Deposits $ $6,000$

Cheques $ $4,000$

Note collected $ $1,000$

Bank service charge $ $20$

NSF cheque $ $150$

Interest received $ $200$

Autowithdrawals $ $500$

Which of the following adjusting journal entries is required after the bank reconciliation has been prepared?

Multiple Choice

Dr$.$ bank fees $$20.$ Cr$.$ Cash $$20($to reflect bank fees for the month$)$

Dr$.$ Interest revenue $$200$ Cr$.$ Cash $$200($to reflect interest earned on bank balance$).$

Dr Cash $$150$ Cr$.$ Accounts Receivables $$150($to reflect the NSF cheque$)$

Dr$.$ Cash $$500$ Cr$.$ Phone Expenses $$500($to reflect the automatic payment of the phone $-$ autowithdraw$).$

None of the other alternatives are correct