Samba Corporation operates in an industry with high collectability issues. Recently, one of Samba's customers wrote a check for $235 for services performed. Samba's bank later informed Samba that its customer did not have cash available in his account to cover the $235 charge. As a result, Samba's bank assesses a $30 fee as the result of the NSF check received. Samba has not yet adjusted its books for the bank fee or the NSF check. Required: Record the appropriate journal entry to update Samba's books. If an amount box does not require an entry, leave it blank.     fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6     fill in the blank 8 fill in the blank 9

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
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Samba Corporation operates in an industry with high collectability issues. Recently, one of Samba's customers wrote a check for $235 for services performed. Samba's bank later informed Samba that its customer did not have cash available in his account to cover the $235 charge. As a result, Samba's bank assesses a $30 fee as the result of the NSF check received. Samba has not yet adjusted its books for the bank fee or the NSF check.

Required:

Record the appropriate journal entry to update Samba's books. If an amount box does not require an entry, leave it blank.

    fill in the blank 2 fill in the blank 3
    fill in the blank 5 fill in the blank 6
    fill in the blank 8 fill in the blank 9
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