There is a Company's accountant found the following adjustments to make to either the unadjusted company book balance or unadjusted bank statement balance

Deposits in transits $300

NSF check $55

Bank service charge $15

Outstanding checks $75

Credit memo for interest revenue $5

Required:

The table below represents the horizontal financial statement model for the Company, with the accounting elements as the heading of each column. For each adjustment listed above, indicate how the financial statement are impacted by responding as follows

a. Enter the amount as a positive number if it increases the column

b. Enter the amount as a negative number, using parentheses, if it decreases the column

c. Enter the amount as a positive, and again, as a negative number if it increases and decreases the column

d. Enter N/A if the adjustment does not affect the financial statements

Item Assets Liabilities equity Revenues Expenses Net Income cash Flow

Deposits in transit

NSF check

Bank service charge

Outstanding checks

Credit memo for Interest