Question 2 (7 points) A bank reconciliation revealed bank charges of $11, outstanding checks of $221, and
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Question:
A bank reconciliation revealed bank charges of $11, outstanding checks of $221, and NSF checks of $90. The journal entry to cause the company records to match the correct adjusted ending cash balance includes:
Question 2 options:
a credit to cash for $101
a credit to cash for $322
a credit to cash for $11
a credit to cash for $90
Expert Answer:
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