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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 18,500 Balance per company

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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 18,500 Balance per company records 9,990 Bank service charges 40 Deposit in transit 3,550 Note collected by bank with $140 interest 4,700 Outstanding checks 7,400 a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Dotson Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Miscellaneous Expense 40 Cash Accounts Receivable Notes Receivable DIE Interest Revenue

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