1-Journalize entries for the following related transactions of Westcoast Diagnostic Company:

a. Purchased $25,000 of merchandise from Presidio Co. on account, terms 2/10, n/30.

b. Paid the amount owed on the invoice within the discount period.

c. Discovered that $5,000 of the merchandise was defective and returned items, receiving credit.

d. Purchased $4,000 of merchandise from Presidio Co. on account, terms n/30.

e. Received a check for the balance owed from the return in (c), after deducting for the purchase in (d).

2-The following data were gathered to use in reconciling the bank account of Conway Company:

Balance per bank	$19,340
Balance per company records	6,480
Bank service charges	50
Deposit in transit	2,500
Note collected by bank with $250 interest	8,250
Outstanding checks	7,160

	Instructions question 2
A.	What is the adjusted balance on the bank reconciliation?
B.	Journalize any necessary entries for East Meets West Company based on the bank reconciliation