accounting-Prepare the adjusting journal entries necessary
QUESTION
Cash balance per bank$3,677.20Add: NSF check450.00Less: Bank service charge 28.00Adjusted balance per bank$4,099.20Cash balance per books$3,975.20Less: Deposits in transit590.00Add: Outstanding checks 770.00Adjusted balance per booksPrepare the adjusting journal entries necessary to determine the adjusted cash balance per books.$4,155.20
ANSWER:
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