above and all dollar amounts will be with "$" and commas as needed (i.e. $12,345). Using the following accounts/items: Bank Errors Bank Service Charges Cash Deposits in Transit Interest Expense Interest Income Notes Receivable Outstanding Checks pronare the two correcting journal entries:
above and all dollar amounts will be with "$" and commas as needed (i.e. $12,345). Using the following accounts/items: Bank Errors Bank Service Charges Cash Deposits in Transit Interest Expense Interest Income Notes Receivable Outstanding Checks pronare the two correcting journal entries:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![PLEASE NOTE: For the above reconciliation, if no dollar amount is needed, please use "$0" or if no item is
needed, please use "None" - no quotation marks. You must enter the account and item names exactly as written
above and all dollar amounts will be with "$" and commas as needed (i.e. $12,345).
Using the following accounts/items:
Bank Errors
Bank Service Charges
Cash
Deposits in Transit
Interest Expense
Interest Income
Notes Receivable
Outstanding Checks
prepare the two correcting journal entries:
[ Select ]
[ Select ]
DR
[ Select ]
[ Select ]
CR
[ Select ]
[ Select ]
CR
and
[ Select ]
[ Select ]
DR
[ Select ]
[ Select ]
CR
PLEASE NOTE: You must enter the account or item names exactly as written above and all dollar amounts will be
with "$" and commas as needed (i.e. $12,345).
15°E Mo
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Transcribed Image Text:PLEASE NOTE: For the above reconciliation, if no dollar amount is needed, please use "$0" or if no item is
needed, please use "None" - no quotation marks. You must enter the account and item names exactly as written
above and all dollar amounts will be with "$" and commas as needed (i.e. $12,345).
Using the following accounts/items:
Bank Errors
Bank Service Charges
Cash
Deposits in Transit
Interest Expense
Interest Income
Notes Receivable
Outstanding Checks
prepare the two correcting journal entries:
[ Select ]
[ Select ]
DR
[ Select ]
[ Select ]
CR
[ Select ]
[ Select ]
CR
and
[ Select ]
[ Select ]
DR
[ Select ]
[ Select ]
CR
PLEASE NOTE: You must enter the account or item names exactly as written above and all dollar amounts will be
with "$" and commas as needed (i.e. $12,345).
15°E Mo
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Using the following information:
• Bank balance: $3,678
• Book balance: $2,547
• Deposits in transit: $321
Outstanding checks: $108 and $334
Bank charges: $25
• Notes receivable: $1,000; interest: $35
and using the following accounts/items:
Bank Errors
Bank Service Charges
Cash
Deposits in Transit
Interest Expense
Interest Income
Notes Receivable
Outstanding Checks
you are to prepare a bank reconciliation:
[ Select ]
Book Balance
[ Select ]
Bank Balance
Add items:
Add items:
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
Less items:
Less items:
[ Select ]
[ Select ]
[ Select ]
[ Select ]
None
$0
None
$0
$3,557
Adjusted Book Bal.
[ Select ]
Adjusted Bank Bal.
tlu cloudy
>
>](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb4a47542-819f-4db0-82ad-3784d4341daa%2F9df0181e-122f-41c0-9fdd-8e26634da6be%2Frtm38o9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:abe
dApple Music
O Maps
H Outlook
A Canvas
E Lake Tahoe Commu..
Passport
E HUM Textbooks
Robinhood
E BSN Textbook
CEEPA
Using the following information:
• Bank balance: $3,678
• Book balance: $2,547
• Deposits in transit: $321
Outstanding checks: $108 and $334
Bank charges: $25
• Notes receivable: $1,000; interest: $35
and using the following accounts/items:
Bank Errors
Bank Service Charges
Cash
Deposits in Transit
Interest Expense
Interest Income
Notes Receivable
Outstanding Checks
you are to prepare a bank reconciliation:
[ Select ]
Book Balance
[ Select ]
Bank Balance
Add items:
Add items:
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
[ Select ]
Less items:
Less items:
[ Select ]
[ Select ]
[ Select ]
[ Select ]
None
$0
None
$0
$3,557
Adjusted Book Bal.
[ Select ]
Adjusted Bank Bal.
tlu cloudy
>
>
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