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Please help me to correct this. A company's Cash account shows a balanoe of $5,500 at the end of the month. Comparing the company's Cash
Please help me to correct this.
A company's Cash account shows a balanoe of $5,500 at the end of the month. Comparing the company's Cash account with the monthly bank statement revcals soveral additonal cash transactons such as deposits outstanding $1,290, checks outstanding $2430, bank service fees S47, an NSF check from a customer $230, a customer's note receivable collected by the bank S530, and interest eamed STO. Prepare the necessary entries to adjust the balance of cash. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. General Journal Debit 530 8 Notes reremable Cash r0 Intcrest revenuc Service fee expenses Accounts receivable CashStep by Step Solution
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