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JackJoe, Inc. sells toy mice to high end toy stores. Following are facts you need...

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Accounting

JackJoe, Inc. sells toy mice to high end toy stores. Following are facts you need to prepare JackJoe's May bank reconciliation (10 points) and related journal entries (10 points):
Balance per company General Ledger 5/31 $ 40,000
Bank service charge for the month 50
Bounced (NSF) check returned with bank statement 1,950
Note collected by the bank during the month 50,000
Outstanding checks at month end 17,000
Interest on note collected during the month 10,000
Balance per bank at end of month 105,000
Deposit in transit at month end $ 10,000

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