Preparing Journal Entries after a Bank Reconciliation [LO 6-4]
For the following transac...
Business, 07.04.2020 17:56 townselt6855
Preparing Journal Entries after a Bank Reconciliation [LO 6-4]
For the following transactions, prepare journal entries needed to adjust the company's books. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
a. Outstanding checks of $12,000.
b. Bank service charge of $15.
c. Deposit in transit of $2,300.
d. Interest earned of $5.
Answers: 1
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