Required

a$)$ Prepare joumal entries to rocorat:

The receips of the Nore on actuber $1.$

The adjustment for inseress an Deceraler $31.$

The coffection of paincipal and inserest on August $1.$

Question $2$ LOs

The cash iransaction and canch balankes of Dodge, Inc. for November were as follows

The ledger accoune for cash showed a balance at November $30$ of $$6\mathrm{.}750$

The November brank statement showed a closing balance of $$4710$

The cash received on November $30$ amounted to $$3850,$ it was lef at the bank in the nighi depository chute after banking hours on November $30$ and therefore was not recorded by the bank on she Novernber slatement.

Also included with the November bank statemene was a debit memorandum from the bank for $$15$ representing service changes for November.

A credit m serandum enclosed with the November bank statement indicated that a non. interesl$-$bearing note receivable for $$4000$ from Wrighis sister. left with the bank for collection, had collected and the procerds credited to the account of Dodge. Inc

A comparison of the paid checks returned by the bank with the eniries in the accounling records revealed that check no$.810$ for $$430,$ issued November $15$ in payment for computer equipmenc had been emoneously entered in Dodise's records as $$340.$