Bank Reconciliation

The following data were gathered to use in reconciling the bank account of Crystal Company:

Balance per bank......................................................................................$28,240

Balance per company records...........................................................$10,280

Bank service charges.............................................................................$60

Deposit in transit.......................................................................................$6,500

Note collected by bank with $530 interest.................................$11,170

Outstanding checks................................................................................$13,350

What is the balance on the bank reconciliation?

Journalize any necessary entries for Crystal Company based on the bank reconciliation.