Record the following transactions on the books of Jarvis Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered, not indent manually.) (a) On July 1, Jarvis Co. sold merchandise on account to Stacey Inc. for $23,000, terms 2/10, n/30.
(b) On July 8, Stacey Inc. returned merchandise worth $2, 400 to Jarvis Co..
(c) On July 11, Stacey Inc. paid for the merchandise.

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.