. Notes receivable collected by bank: $1,000; interest: $20 Outstanding checks: $569 Error by bank: $300 . Bank charges: $30 Using the following accounts: Bank Errors Bank Service Charges Cash Deposits in Transit Interest Expense Interest Income Notes Receivable Outstanding Checks prepare the two correcting journal entries: DR [ Select ] [ Select ] CR [ Select ] [ Select ] and DR [ Select ] [ Select ] CR [ Select ] [ Select ] CR [ Select ] [ Select ] PLEASE NOTE: You must enter the account names exactly as written above and all dollar
. Notes receivable collected by bank: $1,000; interest: $20 Outstanding checks: $569 Error by bank: $300 . Bank charges: $30 Using the following accounts: Bank Errors Bank Service Charges Cash Deposits in Transit Interest Expense Interest Income Notes Receivable Outstanding Checks prepare the two correcting journal entries: DR [ Select ] [ Select ] CR [ Select ] [ Select ] and DR [ Select ] [ Select ] CR [ Select ] [ Select ] CR [ Select ] [ Select ] PLEASE NOTE: You must enter the account names exactly as written above and all dollar
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The bank reconciliation shows the following adjustments:
![E HUM Iextbooks
E BSN Textbook
Robinnood
The bank reconciliation shows the following adjustments:
Deposits in transit: $852
. Notes receivable collected by bank: $1,000; interest: $20
Outstanding checks: $569
nts
. Error by bank: $300
. Bank charges: $30
Using the following accounts:
Bank Errors
Bank Service Charges
Cash
Deposits in Transit
Interest Expense
Interest Income
Notes Receivable
Outstanding Checks
prepare the two correcting journal entries:
nt
DR
[ Select ]
[ Select ]
ciation
CR
[ Select ]
[ Select ]
n Cafe -
and
es
DR
[ Select ]
[ Select ]
diante
CR
[ Select ]
[ Select ]
CR
[ Select ]
[ Select ]
PLEASE NOTE: You must enter the account names exactly as written above and all dollar](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb4a47542-819f-4db0-82ad-3784d4341daa%2F219398f0-92e5-45cd-ad00-e05f3935f824%2F5m593lo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:E HUM Iextbooks
E BSN Textbook
Robinnood
The bank reconciliation shows the following adjustments:
Deposits in transit: $852
. Notes receivable collected by bank: $1,000; interest: $20
Outstanding checks: $569
nts
. Error by bank: $300
. Bank charges: $30
Using the following accounts:
Bank Errors
Bank Service Charges
Cash
Deposits in Transit
Interest Expense
Interest Income
Notes Receivable
Outstanding Checks
prepare the two correcting journal entries:
nt
DR
[ Select ]
[ Select ]
ciation
CR
[ Select ]
[ Select ]
n Cafe -
and
es
DR
[ Select ]
[ Select ]
diante
CR
[ Select ]
[ Select ]
CR
[ Select ]
[ Select ]
PLEASE NOTE: You must enter the account names exactly as written above and all dollar
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