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Unformatted text preview: month ended January 31, 2011. Journalize the adjusting entries for Beethoven Company on January 31, 2011. Dolphin Company compiled the following information when it prepared the October bank reconciliation: As a result of the reconciliation, how much will Dolphin company need to reduce its cash account by? As of January 31, 2011, the Beethoven Company had the following facts concerning cash in bank: Outstanding checks: No. 305, $1000; No. 308, $2,500; and No. 310, $3,000 Error: Check No. 301 for $3,416 was correctly paid by the bank in the amount of $3,416. However, the company recorded it in the amount of $3,461. The check was a payment on account to a creditor....
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This note was uploaded on 02/28/2011 for the course ACC 211 taught by Professor Mitchell during the Spring '11 term at Northern Virginia Community College.
- Spring '11