Question: Calculate the answers for the missingdata: BANK BOOKS Bal, Dec 31 Add Deposit in transit 1,060 B, Dec 31 Add: 680 Bank collection (a) Interest

Calculate the answers for the missingdata:

BANK BOOKS Bal, Dec 31 Add Deposit in transit 1,060 B, Dec 31 Add: 680 Bank collection (a) Interest revenue 425 35 Less: Outstanding checks Adjusted bank balance Less: (b Service charge 1340 Adjusted book balance $1.340

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