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Prob - Bank reconciliation 2.Journal entries: On 30 April 2020 Johnson Corp had a cash balance as per company records of $5,644.50 Date Account Titles

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Prob - Bank reconciliation 2.Journal entries: On 30 April 2020 Johnson Corp had a cash balance as per company records of $5,644.50 Date Account Titles Debit $ Credit $ debit. The bank statement from California Bank on that date showed a credit balance of $7,825.35. A comparison of the statement with the cash account revealed the following facts a. The bank statement included a debit entry of $60 for bank fees b. Unpresented cheques at 30 April totalled $1,276.25, and outstanding deposits were $795.40. C. Included with the cheques paid was a cheque issued by Smith Pty Ltd to R. Thomas for $600 that was incorrectly charged to Johnson Corp by the bank. d. A $3,000 note receivable was collected by the bank for Johnson Corp on 30 April plus $80 interest. The bank charged a collection fee of $20. No interest has been accrued on the note e. On 30 April the bank statement showed a dishonoured cheque of $700 that had been issued by C. Rogers, a customer to Johnson Corp. Required: 1. Prepare the bank reconciliation for Johnson Corp as at 30 April 2020. 2. Prepare the necessary adjusting entries for Johnson Corp as at 30 April 2020. 3. Narrations are not required. 1. Bank reconciliation: $

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