A company's Cash account shows a balance of $5,680 at the end of the month.Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as deposits outstanding ($1,250),checks outstanding ($2,380),bank service fees ($40),an NSF check from a customer ($150),a customer's note receivable collected by the bank ($500),and interest earned ($60).Prepare the necessary entries to adjust the balance of cash.

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The Answer of A company's Cash account shows a balance of $5,680 at the end of the month.Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as deposits outstanding ($1,250),checks outstanding ($2,380),bank service fees ($40),an NSF check from a customer ($150),a customer's note receivable collected by the bank ($500),and interest earned ($60).Prepare the necessary entries to adjust the balance of cash.

A Company's Cash Account Shows a Balance of $5,680 at the End