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Sage Hill Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited and the account to

Sage Hill Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited and the account to be credited in each case. 1. 2. 3. 4 A check for $70 written to the company by K. Brown was returned NSF. The monthly service charge by the bank was $57. The bank collected a $1,300 note plus interest of $64 on the company's behalf. The company had not accrued the interest. Debit: Credit: Debit: Credit: Debit: Credit: Credit:
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Sage Hill Company needs to make adjusting entries for each of the following reconciling items. Identify the account to be debited and the account to be credited in each case. 1. A check for $70 written to the company by K. Brown was returned NSF. 2. The monthly service charge by the bank was $57. 3. The bank collected a $1,300 note plus interest of $64 on the company's behalf. The company had not accrued the interest. Debit: Credit: Debit: Credit: Debit: Credit: Credit

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