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Current Attempt in Progress Oriole Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited
Current Attempt in Progress Oriole Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited and the account to be credited in each case. 1. A check for $64 written to the company by J. Robinson Debit: was returned NSF. Credit: 2. The monthly service charge by the bank was $41. Debit: Credit: 3. The bank collected a $1,900 note plus interest of $65 on the company's behalf. The company had not accrued the interest. Debit: Credit:
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
11th edition
978-0134065830, 134065832, 134127625, 978-0134127620
