TER VERSION Question 3 The following information pertains to Vaughn Video Company 1. Cash balance...
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TER VERSION Question 3 The following information pertains to Vaughn Video Company 1. Cash balance per bank, July 31, $7,503. 2. July bank service charge not recorded by the depositor $38. 3. Cash balance per books, July 31, 57,524. 4. Deposits in transit, July 31, 51,620 5. Bank collected $1,020 note for Vaughn in July, plus interest 546, less fee $30. The collection has not been recorded by Vaughn, and no interest has been accrued. 6. Outstanding checks, July 31, 5601. (a) (b) Journalize the adjusting entries at July 31 on the books of Vaughn Video Company. (Credit account tities are automatically indented when am manually.) No. Account Titles and Explanation Debit Credit July 31 (To record the collection of the note) July 31 (To record the bank service charge.) Attempts: O of I used LAVE FOR
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