Question: Item4 0.5points Return to question Item 4 Bourne Incorporated reports a cash balance at the end of the month of $2,620. A comparison of the
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Item 4
Bourne Incorporated reports a cash balance at the end of the month of $2,620. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($85), an NSF check from a customer ($350), a customers note receivable collected by the bank ($1,000), and interest earned ($35).
Required:
Record the necessary entries to adjust the balance of cash.
| 1 | Petty Cashselected answer incorrect | 1,000selected answer incorrect | not attempted | |
| not attempted | not attempted | 1,000selected answer correct | ||
| 2 | Cashselected answer incorrect | 85selected answer correct | not attempted | |
| Interest Receivable incorrect |
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