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HELP PLEASE ASAP The following data were gathered to use in reconciling the bank account of Lays Company: Balance per bank $ 17,800 Balance per

HELP PLEASE ASAP image text in transcribed
The following data were gathered to use in reconciling the bank account of Lays Company: Balance per bank $ 17,800 Balance per company records 9,460 Bank service charges 30 Deposit in transit 3,600 Note collected by bank with $130 interest 4,550 Outstanding checks 7,420 a. What is the adjusted balance on the bank reconciliation? Feedback 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. Miscellaneous Expense Cash Cash Notes Receivable 110 110 Interest Revenue

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