Bourne Incorporated reports a cash balance at the end of the month of $2,345. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($74), an NSF check from a customer ($240), a customers note receivable collected by the bank ($1,200), and interest earned ($24).

Required:

Record the necessary entries to adjust the balance of cash.

Record the entries that increase cash.

Record the entries that decrease cash.