Business
Business, 01.10.2019 18:10, SL10355

Acompany's cash account shows a balance of $5,600 at the end of the month. comparing the company's cash account with the monthly bank statement reveals several additional cash transactions such as deposits outstanding ($1,280), checks outstanding ($2,420), bank service fees ($44), an nsf check from a customer ($240), a customer's note receivable collected by the bank ($510), and interest earned ($67). prepare the necessary entries to adjust the balance of cash.1. record the entries that increase cash.2. record the entries that decrease cash.

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Acompany's cash account shows a balance of $5,600 at the end of the month. comparing the company's c...

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