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TB Problem Qu.6-130(Algo) Illinois Company prepared the following... Illinois Company prepared the following...

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Accounting

TB Problem Qu.6-130(Algo) Illinois Company prepared the following...
Illinois Company prepared the following bank reconciliation at May 31:
\table[[Balance per bank,$1,335,Balance per books],[Additions:,,Additions:],[\table[[Deposits in transit],[Check incorrectly charged to our bank balance]],\table[[274],[126]],Interest Received from bank],[\table[[Deductions:],[Outstanding checks]],,Deductions:],[Outstanding checks,(320),\table[[NSF check (Nelson)],[Bank service charges]]],[Correct cash balance,$1,415,Correct cash balance]]
Required:
Prepare the necessary journal entries for Illinois Company required by the May 31 bank reconciliation.
Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.
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