Business
Business, 17.06.2020 23:57, shaydog6353

A company's Cash account shows a balance of $5,620 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 ($1,250), checks outstanding ($2,370), bank service fees ($45), an NSF check from a customer ($230), a customer's note receivable collected by the bank ($590), and interest earned ($65). Prepare the necessary entries to adjust the balance of cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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A company's Cash account shows a balance of $5,620 at the end of the month. Comparing the company's...

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