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Indicate any adjustments necessary as a result of the bank reconciliation. July 31 Increase: Notes Receivable Decrease: Cash Increase: Interest Revenue (To record collection of

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Indicate any adjustments necessary as a result of the bank reconciliation. July 31 Increase: Notes Receivable Decrease: Cash Increase: Interest Revenue (To record collection of note receivable and interest by the bank) 31 Increase: Cash Decrease: Accounts Receivable (To record NSF check) 31 Increase: Cash Decrease: Miscellaneous Expense (To record bank service charge) 2500 Question 4 of 11 0.57/1 OP 9 View Policies Show Attempt History Current Attempt in Progress X 6 3 3 The bank statement for Adcock Company indicates a balance of $830 on July 31. The cash balance per books was $390 on this date The following information pertains to the bank transactions for the company le 1 1 2 3 Deposit of $340, representing cash receipts of July 31, did not appear on the bank statement Outstanding checks totaled $390. Bank service charges for July amounted to $30. The bank collected a note receivable for the company for $1.200 plus $48 interest revenue ANSF check for $328 from a customer was returned with the statement 4 5. (a) your answer is com

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