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Great Falls Co.'s bank reconciliation as of February 28 is shown below 33 8 22:20 Bank balance + Deposit in transit Outstanding checks Adjusted bank
Great Falls Co.'s bank reconciliation as of February 28 is shown below 33 8 22:20 Bank balance + Deposit in transit Outstanding checks Adjusted bank balance $37,643 2,950 -1,730 $38,863 Book balance Note collection Check printing Adjusted book balance $38,153 +745 -35 $38,863 One of the adjusting Journal entries that Great Falls must record as a result of the bank reconciliation includes: Multiple Choice Debit Miscellaneous Expense $35; credit Accounts Payable $35 O Debt Note Payable $745. Credit Cash 5745 Debit Cash $2,950, credit Sales $2.950 Debit Cash $745, credi Note Receivable 5745 Debit Cash $2.950. credit Accounts Receivable $2,950 No S Prov
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