The bank reconciliation shows the following adjustments: Deposits in transit: $872 Notes receivable...
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Accounting
The bank reconciliation shows the following adjustments: Deposits in transit: $872 Notes receivable collected by bank: $1,030; interest: $35 Outstanding checks: $570 Error by bank: $350 Bank charges: $34 Prepare the correcting journal entries. If an amount box does not require an entry, leave it blank. Bank Service Charges 34 Cash 34 Cash 1,065 Accounts Receivable 1,030 Interest Income 35
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