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Jane White received her bank statement on May 31, 2022. The bank statement showed a balance of $3,762. On the same date, her general ledger
Jane White received her bank statement on May 31, 2022. The bank statement showed a balance of $3,762. On the same date, her general ledger balance was $4,905. The following data is available:
a) The service charge for May is $30.00
b) Deposits in transit amount to $2,065.
c) Outstanding Checks amount to $952.
Prepare Journal entries needed to adjust the general ledger balance.
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