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Prepare the adjusting entries needed for the april bank

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Reference no: EM132557660

Question 1: Given the following information for Pharoah Company, prepare the adjusting entries needed for its April bank reconciliation: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Cash balance per books, 4/30                                                            $21,500

Deposits in transit                                                                             3,960

Notes receivable collected by bank (including interest of $330)                   9,300

Outstanding checks                                                                              7,600

NSF check from Oriole Company                                                                  8,970

Reference no: EM132557660

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