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Bank reconciliation The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $ 1 8 , 1

Bank reconciliation
The following data were gathered to use in reconciling the bank account of Reddan Company:
Balance per bank
$18,100
9,450
Balance per company records
9,450
Bank service charges
20
Deposit in transit
2,700
Note collected by bank with $110 interest ,4,750
Outstanding checks
6,620
a. What is the adjusted balance on the bank reconciliation?
$
b. Journalize any necessary entries for Lays Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
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