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prepare a bank reconciliation for josey s fresh deli at june 30 using the following 4240919

Prepare a bank reconciliation for Josey’s Fresh Deli at June 30 using the following information:Balance per USA National Bank statement at June 30 ….$15,398.05Outstanding checks ………………. 3,215.83NSF checks from customer ……………. 250.68Deposits in transit ……………… 2,452.87Interest revenue ………………. 251.32Service charge ……………….. 15.00Cash balance per Josey’s records at June 30 ……… 14,649.45Enter adjustments into the accounting equation needed to update the company’s cash balance. What is the net effect on net income? Will net income be increased or decreased? By what amount?View Solution:
Prepare a bank reconciliation for Josey s Fresh Deli at June

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