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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
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 |
Journalize any necessary entries for Crystal Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
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