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Instructions Starting question Chart of Accounts Journal instructions The following data were gathered to use in reconciling the bank account of Donovan Company Balance per
Instructions Starting question Chart of Accounts Journal instructions The following data were gathered to use in reconciling the bank account of Donovan Company Balance per bank $14385 Balance per company records 11,200 Bank service charges 60 Deposit in transit 2,125 NSF check 1,480 Outstanding checks 8.850 Required: a What is the adjusted balance on the bank reconciliation? b. On March 1 journalize any necessary entries for Donovan Company based on the bank reconciliation Refer to the chart of accounts for the exact wording of the accountitles CNOW joumats do not use lines for journal explanations Every line on a journal page is used for debitor credit entries CNOW joumals will automatically indent a credit entry when a credit amount is entered
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