The following data were gathered to use in reconciling the bank account of Lays Company: Balance per bank $ 17,400 Balance per company records 8,780 Bank service charges 40 2,750 Deposit in transit Note collected by bank with $100 interest 5,200 Outstanding checks 6,210 a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Lays Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. 1000 III I 11