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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank Balance per company records
Bank Reconciliation The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank Balance per company records $ 17,800 10,450 Bank service charges 20 Deposit in transit 3,450 Note collected by bank with $110 interest 4,650 Outstanding checks 6,170 a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
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