1. Consider the journal entries required. What is the leg of the journal entry to correct the Bank Fees Expense Account? If it increases bank fees expense simply input the amount. If it decreases bank expense fees input amount with a minus sign in front such as -100. If there is no impact, enter a zero (0).

2. Consider the journal entries required. What is the leg of the journal entry to correct the Accounts Receivable Account? If it increases accounts receivable simply input the amount. If it decreases accounts receivable input amount with a minus sign in front such as -100. If there is no impact, enter a zero (0).

3. Consider the journal entries required. What is the leg of the journal entry to correct the Accounts Payable Account? If it increases accounts payable simply input the amount. If it decreases accounts payable input amount with a minus sign in front such as -100. If there is no impact, enter a zero (0).

4. Consider the journal entries required. What is the leg of the journal entry to correct the Interest Revenue Account? If it increases interest revenue simply input the amount. If it decreases interest revenue input amount with a minus sign in front such as -100. If there is no impact, enter a zero (0).

5. Consider ALL journal entries required to reconcile the cash balance per G/L to the corrected cash balance. What is the net impact on the Cash Account? If the net impact increases cash simply input the amount. If the net impact decreases cash input amount with a minus sign in front such as -100. If there is no impact, enter a zero (0).

Mercy Corporation has the following information pertaining to their cash account:
Interest bearing checking account with					First Bank
Bank statements and electronic copies of cancelled checks are provided monthly
The bank statement is prepared (the cutoff date) as of the end of each month
Current bank statement for the month ending					November
Balance per bank at the BEGINNING of November					$74,000
Deposits recorded by the bank for the current month					$15,000
Checks processed for the current month					$(18,000)
Service charges for the current month					$(150)
Non-sufficient funds checks for the current month deposited by Mercy					$(1,500)
Interest paid by the bank					$200
Balance per bank at the END of November					$69,550
A review of Mercy's general ledger provides the following information:
Balance per the CASH account at the END of November					$71,500
Cash receipts by Mercy that have not yet been deposited but are included in the general ledger balance
					$6,500
A deposit made by Mercy on 11/28 not credited until December					$2,500
Checks written by Mercy that have NOT "cleared" (been paid out by) the bank					$8,000
Check #1028 was written to a supplier for the following amount					$5,000
but was incorrectly recorded as the following amount					$5,500