Question
Bank Reconciliation The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank $ 29,050 Balance per company
Bank Reconciliation
The following data were gathered to use in reconciling the bank account of Bradford Company:
| Balance per bank | $ 29,050 |
| Balance per company records | 24,235 |
| Bank service charges | 135 |
| Deposit in transit | 4,280 |
| NSF check | 1,580 |
| Outstanding checks | 10,810 |
a. What is the adjusted balance on the bank reconciliation? $
b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. For a compound transaction, if an amount box does not require an entry, leave it blank.
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, Gerald G. Griffin
6th Edition
0471293253, 978-0471293255
