Question: please help. not sure why im getting it wrong Teng Corporation recelved a bank statement showing a balance of $14,450 as of October 31,201. The


Teng Corporation recelved a bank statement showing a balance of $14,450 as of October 31,201. The firm's records showed a book balance of $14,057 on October 31 . The difference between the two balances was caused by the following items. 1. A debit memorandum for an NSF check from Richard Wolf for $419. 2. Three outstanding checks: Check 7017 for $119, Check 7098 for $50, and Check 7107 for $1,510. 3. A bank service charge of $15. 4. A deposit in transit of $852. Required: 1. Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. 2. Prepare the necessary journal entries for the year 201. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. 9 Homework (i Check ny work mode: This shows what is correct or Incerrect for the work you have completed Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for the year 201. (If no entry is required for a particular transaction, select "No entry required" in the first account field.) Teng Corporation recelved a bank statement showing a balance of $14,450 as of October 31,201. The firm's records showed a book balance of $14,057 on October 31 . The difference between the two balances was caused by the following items. 1. A debit memorandum for an NSF check from Richard Wolf for $419. 2. Three outstanding checks: Check 7017 for $119, Check 7098 for $50, and Check 7107 for $1,510. 3. A bank service charge of $15. 4. A deposit in transit of $852. Required: 1. Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. 2. Prepare the necessary journal entries for the year 201. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the adjusted bank balance section and the adjusted book balance section of the bank reconciliation statement. 9 Homework (i Check ny work mode: This shows what is correct or Incerrect for the work you have completed Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for the year 201. (If no entry is required for a particular transaction, select "No entry required" in the first account field.)
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