At the end of the current year, Accounts Receivable has a balance of $123,120; Allowance for Doubtful Accounts has

an unadjusted credit balance of $10,000; and credit sales for the year total $1,935,000. Bad debt expense is estimated

at 1% of credit sales.

Determine the adjusted balance for the Allowance for Doubtful Accounts.

Using the following information:

a. The bank statement balance is $11,692.

b. The cash account balance in the ledger is $12,016.

c Outstanding checks amounted to $3.052.

d. Deposits in transit are $2,908.

e. The bank service charge is $432

f. A check for $308 for supplies was recorded as $272 in the ledger.

Prepare a bank reconciliation for Miller Co. for August 31.

Based on the bank reconciliation, record the journal entries to update the comoany's cash account