Brief Exercise 4-11 (Algo) Record adjustments to the company's cash balance (LO4-5) Bourne Incorporated reports a...

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Brief Exercise 4-11 (Algo) Record adjustments to the company's cash balance (LO4-5) 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 debit card used for the purchase of supplies ($240), and a customer's note receivable collected by the bank ($1,200) plus interest earned ($21). 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 Brief Exercise 4-11 (Algo) Record adjustments to the company's cash balance (LO4-5) 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 debit card used for the purchase of supplies ($240), and a customer's note receivable collected by the bank ($1,200) plus interest earned ($21). 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