Prepare the required journal entries from the bank reconciliation below as of the end of January:
The balance per general ledger is $200
There is a debit memo for interest expense, $100
There is a debit memo for a customer's NSF cheque $375
Outstanding cheques amount to $2,000
This month's service charge amounts to $50
Deposits in transit amount to $1,500

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The Answer of Prepare the required journal entries from the bank reconciliation below as of the end of January:
The balance per general ledger is $200
There is a debit memo for interest expense, $100
There is a debit memo for a customer's NSF cheque $375
Outstanding cheques amount to $2,000
This month's service charge amounts to $50
Deposits in transit amount to $1,500

Prepare the Required Journal Entries from the Bank Reconciliation Below