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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 17,650 Balance per company
Bank Reconciliation
The following data were gathered to use in reconciling the bank account of Dotson Company:
| Balance per bank | $ 17,650 |
| Balance per company records | 10,490 |
| Bank service charges | 20 |
| Deposit in transit | 3,850 |
| Note collected by bank with $130 interest | 4,500 |
| Outstanding checks | 6,530 |
a. What is the adjusted balance on the bank reconciliation? $
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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 | |||
| Cash | |||
| Notes Receivable | |||
| Interest Revenue |
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