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The following information is available for the Victor Company for its March 31 bank reconciliation:
From the March 31 bank statement:
NSF: A check from a customer,Booker Co.in payment of their account.IN: Interest earned on the account.From the Victor Company's accounting records:
1.Based on the above information,prepare a bank reconciliation for the Victor Company.2.Prepare the necessary general journal entries to adjust cash to the reconciled balance.
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