The Ledger Balance of Cash section of the bank reconciliation for Virtual Net Company for August 31
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The Ledger Balance of Cash section of the bank reconciliation for Virtual Net Company for August 31 follows.
Journalize the entries required to bring the general ledger up to date as of August of this year.
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Ledger Balance of Cash Add: Note collected (principal, $600.00; interest, $15.75, $6,536.00 signed by S. Sambey) Error in recording Ck. No. 3351 payable to Fairview Company (recorded check for $16.00 too much) $615.75 631.75 7,167.75 16.00 Deduct: NSF check from R. Leswick 176.00 25.00 201.00 $6,966.75 Bank service and collection charges Adjusted Ledger Balance of Cash
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