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Bank reconciliation The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank Balance per company records Bank

Bank reconciliation
The following data were gathered to use in reconciling the bank account of Reddan Company:
Balance per bank
Balance per company records
Bank service charges
Deposit in transit
$17,050
8,800
,3,950
Note collected by bank with $120 interest 4,800
Outstanding checks
7,430
a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for Photo Op. Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
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