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DY DONDO BORG My 7. Abd por May AT D. 2. Give in general journal form the entry or recessary to contos Foods record of
DY DONDO BORG My 7. Abd por May AT D. 2. Give in general journal form the entry or recessary to contos Foods record of May 31 DATE ACCOUNT DEBAT CREDIT D. 1. You are to complete the May 31 bank reconciliation for Paragon Foods using the following information: b. Check no. 883 (for Repair expense) was written for $161 but erroneously a. Outstanding checks: no. 840 for $680, no. 856 for $100, no. 872 for $600. recorded in our records as $116. c. Deposit in transit, $1,185. d. Note collected by bank as our agent (no interest). $3,200. e. NSF check of S. D. Simon, $420, f. Bank service charge, $15. PARAGON FOODS Bank Reconciliation May 31, 20XX Balance per bank statement, May 31 $10,565 Add: Less: Adjusted cash balance $ 7,650 Balance per depositor's records, May 31 Add: Less: Adjusted cash balance D. 2. Give in general journal form the entry or entries necessary to correct Paragon Foods' records as of May 31. DATE ACCOUNT DEBIT CREDIT
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