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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 17,200 Balance per company
Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 17,200 Balance per company records 8,845 Bank service charges 25 3,800 Deposit in transit Note collected by bank with $190 interest 4,700 Outstanding checks 7,480 a. What is the adjusted balance on the bank reconciliation? Feedback b. Journalize any necessary entries for Dotson Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Miscellaneous Expense Cash 11 10 11 111 Cash Notes Receivable Interest Revenue
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