Business
Business, 12.12.2019 22:31, tremainewoodley3030

Hazelton manufacturing prepares a bank reconciliation at the end of every month. at the end of may, the general ledger checking account showed a balance of $1,360, and the bank statement showed a bank balance of $1,445. outstanding checks totaled $350, and deposits in transit were $150. the bank statement listed service charges of $30 and nsf checks totaling $85. the journal entry to correct cash will include: (points : 4)

a). a debit of $115.

b). a credit of $115.

c). a debit of $230.

d). a credit of $85.

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Answers: 2

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Hazelton manufacturing prepares a bank reconciliation at the end of every month. at the end of may,...

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