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Use the following information to prepare a bank reconciliation for Finch Company at August 31, 2017(abbreviations are OK: outstanding checks can be out. cks. for

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Use the following information to prepare a bank reconciliation for Finch Company at August 31, 2017(abbreviations are OK: outstanding checks can be out. cks. for example): Cash account balance, August 31, exist38, 402 Bank statement balance, August 31, exist49, 522 Deposits in transit, exist3, 840 Outstanding checks, August 31, exist12, 760 Service charge on bank statement not recorded in books, exist100. Bank error - another company's check charged on Finch Company's bank statement, exist1,000 Check for repairs expense, exist3, 360, incorrectly recorded in books as exist3, 720 The bank collected a exist3,000 note receivable for Finch and charged a exist60 collection fee. Indicate the necessary journal entries, using the following accounts. List the debit letter first and show the entry amounts. A. Accounts Receivable B. Cash C. Misc. Expense D. Notes Receivable E. Repairs Expense

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