As of June 30, Year 1, the bank statement showed an ending balance of $18,098. The unadjusted Cash account balance was $16,772. The following information is available: 1. Deposit in transit: $2,160. 2. Credit memo in bank statement for interest earned in June: $18. 3. Outstanding check: $3,473. 4. Debit memo for service charge: $5. Record in general journal format the adjusting entries necessary to correct the unadjusted book balance. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
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As of June 30, Year 1, the bank statement showed an ending balance of $18,098. The unadjusted Cash account balance
was $16,772. The following information is available:
1. Deposit in transit: $2,160.
2. Credit memo in bank statement for interest earned in June: $18.
3. Outstanding check: $3,473.
4. Debit memo for service charge: $5.
b. Record in general journal format the adjusting entries necessary to correct the unadjusted book balance. (If no entry is required for
a transaction/event, select "No journal entry required" in the first account field.)
View transaction list
<
Journal entry worksheet
1
2
Record entry for interest revenue.
Maker Enter dakika kadonandito
Transcribed Image Text:As of June 30, Year 1, the bank statement showed an ending balance of $18,098. The unadjusted Cash account balance was $16,772. The following information is available: 1. Deposit in transit: $2,160. 2. Credit memo in bank statement for interest earned in June: $18. 3. Outstanding check: $3,473. 4. Debit memo for service charge: $5. b. Record in general journal format the adjusting entries necessary to correct the unadjusted book balance. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list < Journal entry worksheet 1 2 Record entry for interest revenue. Maker Enter dakika kadonandito
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