A company's Cash account shows a balance of $3,450$ at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as bank service fees $($$$50),$ an NSF check from a customer $($$$300),$ a customer's note receivable collected by the bank $($$$1000),$ and interest earned $($$$100).$ Record the necessary journal entries to adjust thew company's balance for cash.

Answer rating: 100% (QA)

To adjust the companys Cash account based on the addit... View the full answer