Question
Bank reconciliation The following data were gathered to use in reconciling the bank account of Donovan Company: Balance per Bank...................................................................$14.385 Balance per company records.........................................$11,200 Bank
Bank reconciliation
The following data were gathered to use in reconciling the bank account of Donovan Company:
Balance per Bank...................................................................$14.385
Balance per company records.........................................$11,200
Bank services charges.........................................................$60
Deposit in transit.....................................................................$2,125
NSF Check.................................................................................$1,480
Outstanding Check................................................................$6,850
What is the adjusted balance on the bank reconciliation?
Journalize any necessary entries for Donovan Company based on the bank reconciliation.
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Payroll Accounting 2018
Authors: Bernard J. Bieg, Judith Toland
28th edition
1337291056, 978-1337291057, 1337291137, 9781337291132, 9781337516686 , 978-1337291040
