Refer to the following bank reconciliation: 
Journalize the adjusting entry for the first reconciling item: note collected by bank.
Definitions:
Federal Funds Rate
The interest rate at which banks lend reserve balances to other banks overnight, on an uncollateralized basis.
Discount Rate
The interest rate charged by central banks for short-term loans to commercial banks.
Chinese Government
The political leadership and governing bodies of the People's Republic of China, comprising the Communist Party, the state institutions, and the military.
Liquidity Trap
At very low interest rates, said John Maynard Keynes, people will neither lend out their money nor put it in the bank, but will simply hold it.
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