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Jaxon Company gathered the follow to information from its accounting records and the November bank...

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Accounting

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Jaxon Company gathered the follow to information from its accounting records and the November bank statement which reflected Chance of $5.995) to prepare the November bank reconciliation Cash Balance per Books Deposits in Transit interest Received from Bank Back Service Charge Outsanding Checks NSF Check from Customer $3.500 $150 $850 $30 $2.000 $175 What adjusting entry would Jaxon record for the outstanding checks? Multiple Choice Omce Expense Cash $2.000 $2.000 O Cash Accounts Receivable $2.000 $2.000 Omce pense CAS $2.000 SZODO Cash Accounts Receivable $2.000 $2.000 Accounts Payable Cash 52.000 $2.000 No adjusting entry is required for this reconciliation tem

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