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question: journalize the entrues required by the reconciliation The Exam on Preparing a Bank Reconciliation Akita Gold Mining Company (AGMC)'s bank statement for May 2020

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question: journalize the entrues required by the reconciliation
The Exam on Preparing a Bank Reconciliation Akita Gold Mining Company (AGMC)'s bank statement for May 2020 shows the following data. Balance 5/1 $12,650 Balance 5/31 14,280 Debit memorandum: NSF check 175 Credit memorandum: collection of note receivable 505 The cash balance per book at May 31, 2020 is $13,319. Your review of the data reveals the following: 1. The NSF check was from Akita Copper co., a customer. 2. The note collected by the bank was a $500, 3-month, 12% note. The bank charged a $10 collection fee. No interest has been accrued. 3. Outstanding checks at May 31 total $2,410. 4. Deposits in transit at May 31 total $1,752 5. A AGMC's check for $352, dated May 10, cleared the bank on May 25. The AGMC recorded this check, which was a payment on account, for $325

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