Bank reconciliation OBJ. 5 The following data were gathered to use in reconciling the bank account of

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Bank reconciliation OBJ. 5 The following data were gathered to use in reconciling the bank account of Eves Company:

Balance per bank $9,350 Balance per company records 8,510 Bank service charges 35 Deposit in transit 2,350 NSF check 1,875 Outstanding checks 5,100

a. What is the adjusted balance on the bank reconciliation?

b. Journalize any necessary entries for Eves Company based on the bank reconciliation.

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Financial And Managerial Accounting

ISBN: 9781305267831,9781305267848

13th Edition

Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac

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