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Using the following information, prepare the journal entries to reconcile the bank statement. Bank balance: $4,678 Book balance: $3,251 Deposits in transit: $325 Outstanding
Using the following information, prepare the journal entries to reconcile the bank statement. Bank balance: $4,678 Book balance: $3,251 Deposits in transit: $325 Outstanding checks: $108 and $634 Bank service charges: $25 Notes receivable: $1,000; Interest income: $35 If an amount box does not require an entry, leave it blank. Bank Service Charges
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Accounting Information Systems
Authors: Ulric J. Gelinas, Richard B. Dull
10th edition
9781305176218, 113393594X, 1305176219, 978-1133935940
