Make the necessary journal entries arising from Cape Auto Centers bank reconciliation presented next. Date each entry
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Cape Auto Center Bank Reconciliation May 31 BANK B00KS Bal, May 31 Add: Deposit in transit $ 681 Bal, May 31 Add: S 785 300 Interest revenue 981 790 Less: Service charge Less: Outstanding checks (19) 140 631 (350) NSF Checks Adjusted bank balance 563 Adjusted book balance
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