Jepsen Music prepares a bank reconciliation and notes the following reconciling items on the book side: (a)

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Jepsen Music prepares a bank reconciliation and notes the following reconciling items on the book side: 

(a) Service charge for printing Jepsen Music cheques $35, 

(b) Interest earned on the account balance of $40, 

(c) Collection of an EFT from a customer for goods received of $500. Prepare the adjusting entries.

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Related Book For  answer-question

Accounting Principles Volume 1

ISBN: 978-1119502425

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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