Metlock Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited and the account to be credited in each case. 1. 2 3. A check for $52 written to the company by K. Jones was returned NSF. The monthly service charge by the bank was $52. The bank collected a $1,000 note plus interest of $75 on the company's behalf. The company had not accrued the interest. Debit: Credit: Debit: Credit: Debit: Credit: Credit:

Metlock Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited and the account to be credited in each case. 1. A check for $52 written to the company by K. Jones was returned NSF. Debit: Credit: Debit: Credit: Debit: on the company's behalf. The company had not accrued the interest. Credit: Credit