Please Refer to the Following Bank Reconciliation - Please Prepare the Adjusting Entry for the Fourth Reconciling

question 6

Essay

Please refer to the following bank reconciliation: $\begin{array}{lr}\begin{array}{lr}\text { BANK }\\\hline\text { Balance, June } 30,2014 & \$ 10,241.43 \\\text { ADD: } & \\\text { Deposit in transit } & 5,113.40 \\\\\\\text { LESS: } & \\\text { Outstanding Check\# 506 } & (1,948.52)\\\text { Outstanding Check\# 510 } & (1,800.25) \\\\\text { Adjusted balance, June 30,2014 }&\underline{ \$ 11,606.06 }\\\end{array}\begin{array}{|lr}\text { BOOK }\\\hline \text { Balance, June } 30,2014 & \$ 9,745.06 \\\text { ADD: } & \\\text { Note collected by bank } &1,900.00 \\ \text { Interest revenue } & 75.00 \\& \\\text { LESS: } & \\\text { NSF check } &(79.00) \\\text { Bank service charge } & (35.00) \\\\\text { Adjusted balance, June } 30,2014 & \underline{\$ 11,606.06} \\\end{array}\end{array}$


- Please prepare the adjusting entry for the fourth reconciling item (bank service charge.)
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

Recognize the importance of director rights, such as the right to inspect corporate books and records.

Grasp the various methods of voting and their impact on shareholder representation and control.

Understand the concept and examples of artificial selection and its impact on species.

Comprehend the mechanisms and examples of natural selection.

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Definitions:

Mao Zedong

A Chinese communist revolutionary and the founding father of the People's Republic of China, serving as its first Chairman.

Communist

A person who supports or believes in the principles of communism, a socio-economic ideology that advocates for the common ownership of the means of production and the absence of social classes.

People's Republic of China

A sovereign state in East Asia, established in 1949, governed by the Communist Party of China, with Beijing as its capital.

1949

The year 1949 marks a significant period in global history, witnessing the formation of the North Atlantic Treaty Organization (NATO) and the establishment of the People's Republic of China.