=+Accompanying a bank statement for Bionics Company is a credit memorandum for $17,750, representing the principal ($15,000)
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=+Accompanying a bank statement for Bionics Company is a credit memorandum for $17,750, representing the principal ($15,000) and interest ($2,750) on a customers note that had been collected by the bank. The depositor had been notified by the bank at the time ofthe collection, but had made no recording. Record the adjustment that should be made by the company to bring the accounting records up to date.
E5-21 Bank reconciliation
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