Required: a. Prepare the adjustment that the clerk would have made to record the NSF check. Adjustment to + accounts receivable by and cash by

Required: a. Prepare the adjustment that the clerk would have made to record the NSF check. At the beginning of Year 2. the accounting records of Grace Company included the accounts and balances shown on the first row of the table below. During Year 2, the following transactions occurred: 1. Received $103,500 cash for providing services to customers 2. Paid salaries expense, $60.200 3. Purchased land for $15,400 cash 4. Paid $9,100 on note payable 5. Pald operating expenses, $30,500 6. Paid cash dividend, $5,900 Required: a) Record the transactions in the appropriate accounts. Provide appropriate tites for these accounts in the last column of the table. Note: Amounts to be deducted should be indicoted with o minus sign