Question: Question 11 (15 points) The following data was gathered for use in reconciling the bank account of East Meets West Company: Balance per bank February

 Question 11 (15 points) The following data was gathered for use

Question 11 (15 points) The following data was gathered for use in reconciling the bank account of East Meets West Company: Balance per bank February 28h $24,340 Balance per company records February 28th 31,100 Monthly Bank service charges 50 Deposit in Transit 8,210 Outstanding cheques 3,300 NSF cheque from Scott & Co. 1,800 What will be the adjusted balance of the Bank Balance and General Ledger Balance? (whole numbers only, no comma's or $) A/ How many adjusting entries will East meets West Company be required to make? (whole numbers only) A/ Question 12 (15 points) Using the Perpetual Inventory System: Journalize the following 3 transactions as the Purchaser June 10th Purchased $15,000 of merchandise on account from ABC Company Terms: 2/10, n/30 June 15th Returned $2,000 of merchandise purchased on June 10th June 18th Paid the full amount outstanding on the June 10th purchase

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