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Problem 3: Journalize Adjusting Entries for the Firm oDepository (6 points) The following information was used to prepare the March 2017. bank reconciliation for Grider

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Problem 3: Journalize Adjusting Entries for the Firm oDepository (6 points) The following information was used to prepare the March 2017. bank reconciliation for Grider books and Machine Works. Identify the items that require adjustment to the cash balance why not. prepare the appropriate adjusting entries the firm. If none is required, explain for Dates not necessary. 1. Included with the bank statement materials was a check from Bob Simpson for s60 stamped "NSF." 2. The bank statement included a debit memorandum for $27 for two books of blank checks for Grider Machine Works. 3. The daily deposits of March 30 and March 31 sent to the bank, for $3,362 and $3,125 respectively, were not included in the bank statement. 4. The bank statement included a credit memorandum dated March 28, for S30 for the monthly interest on a 6-month, S15,000 certificate of deposit that the company owns

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