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Sweet Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. (a) Deposit in transit $7,180. (b) Bank service charges $28.
Sweet Corporation is preparing a bank reconciliation and has identified the following potential reconciling items. (a) Deposit in transit $7,180. (b) Bank service charges $28. (Use Office Expense account.) (c) Interest credited to Sweet's account $36. (d) Outstanding checks $7,510. (e) NSF check returned $400. Prepare entries necessary to make Sweet's accounting records correct and complete. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit
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