Bourne Incorporated reports a cash balance at the end of the month of $2,520. A comparison of the company's cash records with th
e monthly bank statement reveals several additional cash transactions: bank service fees ($81), an NSF check from a customer ($310), a customer’s note receivable collected by the bank ($1,100), and interest earned ($31). Required:
Record the necessary entries to adjust the balance of cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
because it is very much important to first use your money on needs because you're basically cannot live without Me by and then you can spoil yourself by getting wants
