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The accountant of DFF Manufacturing has prepared the following bank reconciliation statement: Cash balance per bank statement$3,560.20 Add:Deposits...
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The accountant of DFF Manufacturing has prepared the following bank reconciliation statement:

Cash balance per bank statement                            $3,560.20

               Add:  Deposits in transit                                   530.00

                                                                                          4,090.20

               Less: Outstanding checks                                 730.00

               Adjusted cash balance per bank                 $3,360.20

 

               Cash balance per books                $3,875.20

               Less: NSF check                                            $490.00

                               Bank service charge          25.00      515.00

               Adjusted cash balance per books                              $3,360.20

The accountant has not yet prepare the accounting entries as yet. What would be the entries recorded?

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Subject: Accounting, Business

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