Using the Following Information, List the Items That Will Require $\$ 2,597$

question 32

Essay

Using the following information, list the items that will require adjustments to the accounts of Salem Co. Also, indicate which accounts will increase or decrease due to the adjustment.
(a)The bank statement balance is $\$ 2,597$ .
(b)The cash ac count balance is $\$ 2,680$ .
(c)Outstanding checks amounted to $\$ 703$ .
(d)Deposits in transit are $\$ 732$ .
(e)The bank service charge is $\$ 25$ .
(f)Interest added to the che cling account by the bank is $\$ 7$ .
(g)A check drawn for $\$ 59$ was incorrectly charged by the bank as $\$ 95$ .

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Definitions:

Tropical Animals

Species adapted to survive in the tropical climate zones, which are characterized by high temperatures and significant rainfall.

Predators

Organisms that hunt and kill other organisms for food.

Rodents

Mammals of the order Rodentia, characterized by a single pair of continuously growing incisors in each of the upper and lower jaws.

Medical Harm

Adverse effects or complications that occur as a result of medical treatment or intervention, ranging from minor to severe, and can include medication errors, surgical mistakes, and misdiagnoses.