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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 18,600 Balance per

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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 18,600 Balance per company records 9,895 Bank service charges 45 Deposit in transit 3,300 Note collected by bank with $170 interest 4,600 Outstanding checks 7,450 a. What is the adjusted balance on the bank reconciliation? 14,150 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. Miscellaneous Expense Cash Cash 4.600 Accounts Receivable Interest Revenue

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