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D Question 4 15 pts Hernandez Bank sent Lukama Industries its end-of-month bank statement for October. The end-of-month balance by the bank is $23,598.
D Question 4 15 pts Hernandez Bank sent Lukama Industries its end-of-month bank statement for October. The end-of-month balance by the bank is $23,598. The statement shows that a deposit for $250 is in transit at the end of the statement period. The statement also revealed that checks for $327, $55, and $259 are outstanding. Hernandez collected a $200 note receivable plus $12 of interest revenue. The bank charged monthly service fees of $5. The end-of-month balance per company records is $23,000. What is the adjusted balance? Journalize Lukama's October 31 entries.
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