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Bourne Incorporated reports a cash balance at the end of the month of $2,595. A comparison of the company's cash records with the monthly bank
Bourne Incorporated reports a cash balance at the end of the month of $2,595. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($84), an NSF check from a customer ($340), a customer's note receivable collected by the bank ($1,100), and interest earned ($34). Required: Record the necessary entries to adjust the balance of cash. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 > Record the amounts that increase cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Bourne Incorporated reports a cash balance at the end of the month of $2,270. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($71), an NSF check from a customer ($210), a customer's note receivable collected by the bank ($1,200), and interest earned ($21). Required: Calculate the reconciled company balance for cash. Answer is not complete. $ 2.270 Company balance Service fees 71 NSF check - + Note received Interest earned Reconciled company balance 210 1,200 21
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