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t YouTube New Tab e https://edugen.wiley.com/edugentumainuni Return to Blackboard I, Financial Accounting, 7e PRINTER VERSION Brief Exercise 207 Foyle Company needs to make adjusting entries for each of the following reconoling items. Identdy the account to be debited and the 1. A check for $59 written to the company by 1. Hammond was returned NSF Debit: Credit: Debit Credit 2. The monthly service charge by the bank was $34. 3. The bank colected a $1,000 note plus interest of $60 on the company's behal The company had not accrued the interest. Credit: Credit: Question Attempts: 0 of 2 used SAVE POR LATER 11/19/2017 here to search

Explanation / Answer

1). Bank A/c. Dr. $59

To J. Hammond. $59

2) Service charges Dr. $34

To bank a/c. $34

3) Bank a/c. Dr. $1060

To. Notes rec. $ 1000

To Interest revenue $60

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