n preparing the monthly bank reconciliation, Jon Ltd ascertains that there is a note collected by the bank for $600 and an interest on overdraft charge of $75. Outstanding cheques total $2 600 and there is a deposit in transit for $1 700. It will be necessary to make journal entries for: Select one: a. the note collected for $600, the interest charge of $75 and outstanding cheques of $2 600. b. only the interest on overdraft charge of $75. c. the note collected for $600 and the interest charge of $75. d. the outstanding cheques of $2 600 and the deposit in transit of $1 700.