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

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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Lays Company: Balance per bank Balance per company records Bank service charges Deposit in transit NSF check Outstanding checks a. What is the adjusted balance on the bank reconciliation? $ 17,770 14,825 85 2,620 960 6,610 b. Journalize any necessary entries for Lays 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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