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I have already completed the bank reconciliation, but want to check over my adjusting journal entries. What adjusting entries are needed for this problem? Bank
I have already completed the bank reconciliation, but want to check over my adjusting journal entries.
What adjusting entries are needed for this problem?
Bank statement $51,000
Credit Memo with bank statement for interest earned during July: $ 15
Debit memo with bank statement for july service charge: $27
Deposits in transit on July 20: $1,000
The bank collected a customers note receivable that included 10% interest : $1,100
Outstanding checks on July 30: $3,900
Cash Account Balance July 30: $50,000
Wrote a check for $900 but recorded it as $502
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