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TB EX Qu. 4-179 A company's Cash account shows balance... A company's Cash account shows a balance of $5,620 at the end of the month.
TB EX Qu. 4-179 A company's Cash account shows balance... A company's Cash account shows a balance of $5,620 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as deposits outstanding ($1,300), checks outstanding ($2,450), bank service fees ($46), an NSF check from a customer ($210), a customer's note receivable collected by the bank ($560). and interest earned ($65). Prepare the necessary entries to adjust the balance of cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
TB EX Qu. 4-179 A company's Cash account shows a balance... A company's Cash account shows a balance of $5,620 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as deposits outstanding ($1,300), checks outstanding ($2,450), bank service fees ($46), an NSF check from a customer ($210), a customer's note receivable collected by the bank ($560). and interest earned ($65). Prepare the necessary entries to adjust the balance of cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the entries that decrease cash. Note: Enter debits before credits General Journal Debit Credit Transaction 2 Step by Step Solution
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