Required Information [The following information applies to the questions displayed below] As of June 30, Year 1, the bank statement showed an ending balance of $18,250. The unadjusted Cash account balance was $17,340 The following information is available: 1. Deposit in transit $2.950 2. Credit memo in bank statement for interest eamed in June: $14 3. Outstanding check $3,857 4. Debit memo for service charge: $11. b. Record in general journal format the adjusting entries necessary to correct the unadjusted book balance. If no entry is required for a transaction/event, select "No journal entry required in the first account field) Yiew transto

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.