Clayborn Company' bank reconciliation as of May 31 is shown below. Bank balance $ 15,800 Book balance $ 17,025
+ Deposit in transit 5,200 Bank service fees −25
− Outstanding checks −4,600 NSF returned −600
Adjusted bank balance $16,400 Adjusted book balance $ 16,400
One of the adjusting journal entries that Clayborn must record as a result of the bank reconciliation includes:
a) A debit to cash of $25
b) A debit to Cash of $625
c) A debit to Cash of $5,200
d) A credit to Cash of $600
e) A credit to Cash of $4,600

d) A credit to Cash of $600

Explanation:

The adjusting journal entries are shown below:

Bank service fees expense $25  

      To Cash $25

(Being bank service charge expensed)

Here the expenses is debited as it increased the expenses and credited the cash as it decreased the asset

Accounts Receivable $600

     To Cash $600

(Being NSF returned is recorded)  

Here the account receivable is debited as it increased the assets and credited the cash as it decreased the asset

So option d is correct

3rd the reason why is because of management and leadership

answer; synthetic production system;