Bank Reconciliation The following data were gathered to use in reconciling the bank account of Photo Op. Company: Balance per bank $ 17,790 14,845 Balance per company records Bank service charges Deposit in transit NSF check 2,620 970 6,620 Outstanding checks a. What is the adjusted balance on the bank reconciliation? $ 13,790 "Choch My Won Set up two columns one for the company cash account section and the other for the bank balance section. Determine the effect of the data on each column Recall that when you are finished, the adjusted balances in the bank and company sections of the reconciliation must be equal. If not, an item has been overlooked or treated in error b. Journalize any necessary entries for Photo Op. Company based on the bank reconciation. For a compound transaction, if an amount box does not require an entry. leavet blank Accounts Receivable 970 Miscellaneous Expense r Cash Check My Work more Check My Work uses remaining ( Previous Next Email instructor Save and Submit A nment for Grading Petty Cash Fund Prepare journal entries for each of the following for a compound transaction, if an amount box does not require an entry, leave it blank. a. Issued a check to establish a petty cash fund of $450. b. The amount of cash in the petty cash fund is $150. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, 5174 and miscellaneous selling expense, $111. Record any missing funds in the cash short and over account. For a compound transaction, if an amount box does not require an entry, leave it blank