Record the entry for cash received against notes receivable along with interest.

Record the entry for cash paid against accounts receivable, utilities and service fees.

Part of your duties as the company's Chief Internal Control Officer (CICO) is to prepare a bank reconciliation each month to ensure proper accounting and safeguarding of cash. The bank reconciliation invclves you comparng information in the bank statement to informalion in the comparny's cash records. At the beginning of the month, both the bank and the company had a beginning cash balance of $23.470. By thc cnd ot the month, the bank statement shows a month-cnd cash balance ot $20,680, while the company's records indicatc a month-end cash balance of $24,820. The left circle encompasses all cash transactions for the month reflected in the bank's balance of cash The right circle cncompasscs all cash transactions for the month reflcctcd in the company's current balance of cash $1,000 NOTF $5,860 Sales $,/20 Sales Company's records: Cash recelpts Bank's records Deposits and credits $6,40 Sales $50 INI $3,690 CIT $1,800 Company's records: Bank's records: $700 NSF Check #534 Cash disburscments Withdrawals and Debits $1,900 Check #532 $900 EFT $2,400 $4,180 CIT $70 Sr Check 535 $4,500 Check #533 Click here to open graph in separate window Answer the following questions (Use the following codes: DCP deposits: CrT electronic funds transfer: INT interest earned: NOTE note collected; NSH non sutticient funds; Sservice tees): Required 1. Which transactions arc shown in thc intcrscction ot the two circlcs 2 Which transactions are not ye: reflected in the company's cash records? 3. Which transactions are nct yet reflected in the bank's cash records for July? 4. Calculate thc bank's adjusted balance of cash and thc company's adjusted balancc of cash (Hint: Bcgin with the month-cnd balances of cash in the bank statement and company records in the given information above) 5. Record heenlries lo adjiust The comparry's casti balatICe The FET (or $9000 includes he cost of ulililies in Ihe current imonlhi Complele this yuestion by enteriny your answers in the labs below. Required 4 Required 1 Required 2 Required 3 Required 5 Which transactions are shown in the intersection of the two circles? Transactions currently recorded by the bank but not yet by the company. OTransactions currently recorded by the company but not yet by the bank. OTransactions currently recorded by both the company end the bank. Required 1 Required 2