LMN Company has a June $30$ year$-$end and maintains three bank accounts: City Bank$-$Regular, City Bank$-$Payroll, and Metro

Bank$-$Special. Your analysis of cash disbursements records for the period June $23$ to July $6$ reveals the following bank transfers:

You determine the following facts about each of the first five checks: $(1)$ the date of the cash disbursements journal entry is the

same as the date of the check, $(2)$ the payee receives the check two days later, $(3)$ the payee records and deposits the check on the

day it is received, and $(4)$ it takes five days for a deposited check to clear banking channels and be paid by the bank on which it is

drawn. Check $3402$ was not recorded as a disbursement until July $1.$ This check was picked up by the payee on the date it was

issued, and it was included in the payee's after$-$hours bank deposit on June $30.$

B$)$ prepare bank register as of June $30$

C$)$ Prepare separate adjusting entries for any checks that require adjustment. $($List all debit entries before credit entries. Credit

account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order

presented in the problem.$)$

Account Titles and Explanation

Debit

Credit

$($To record adjusting entry for due to Metro Bank$-$Special

Account.$)$

$($To record adjusting entry for due to Metro Bank$\_$special

Account.$)$

$($To record adjusting entry for due from Metro Bank$-$Special

Account.$)$