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On January 31, Martin Company's Cash account had a balance of $26, 810. On that date, the bank statement had a balance of $29, 050.

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On January 31, Martin Company's Cash account had a balance of $26, 810. On that date, the bank statement had a balance of $29, 050. Analysis of the bank statement and comparison of the statement with the records indicated the following: In reviewing the records, Martin Company also discovered the following error: A Nelson Company check of $1, 120 was deducted from Martin Company's account. Required: Prepare the journal entries necessary to update the Cash account so that its balance is equal to the adjusted balance per bank reconciliation. Make sure to enter the day for each separate transaction

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