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Bank reconciliation The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $ 17,000 Balance per company
Bank reconciliation The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $ 17,000 Balance per company records 8,380 Bank service charges 40 Deposit in transit 3,450 Note collected by bank with $200 interest 5,200 Outstanding checks 6,910 a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Azalea Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Account Debit Credit
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