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Preparing Journal Entries after a Bank Reconciliation [LO 6-4] For the following transactions, prepare journal entries needed to adjust the company's books. (If no entry
Preparing Journal Entries after a Bank Reconciliation [LO 6-4]
For the following transactions, prepare journal entries needed to adjust the company's books. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) |
a. | Outstanding checks of $12,000. |
b. | Bank service charge of $15. |
c. | Deposit in transit of $2,300. |
d. | Interest earned of $5. |
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