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The following information is used in two problems on the exam. This is not a repeat question. A company had the following information for the

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The following information is used in two problems on the exam. This is not a repeat question. A company had the following information for the year ending December 31,20. Cash balance on the bank statement of $20,000. Cash balance on the company's books of $15,000. The company mailed Check #101 for a payment of $1,000 to a supplier, but the check was not shown on the December 31 benk statement. The company received a payment from a customer of $2,000, but had not yet deposited the amount into its bank account. The bank statement indicated that the bank collected $7,500 from a customer via EFT. This was not included on the company's books. The bank statement indicated that the bank paid the company's insurance expense of $1,030 via EFT. This was not included on the company's books. The bank statement indicated that the bank charged the company a $20 service charge. This was not induded on the compery's books. The bank statement indicated that there was an NSF check for $200. This was not included on the company's books. The bank incorrectly decreased the company's account by $250 for a check written by another company. Prepare the journal entries to adjust the book balance. (Hint there should be four journal entries) Show all work to receive partial credit. If you plan to submit scrap paper, please type "scrap paper" in the box below

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