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The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank Balance per company records Bank service
The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank Balance per company records Bank service charges Deposit in transit NSF check Outstanding checks $ 32,870 27,415 155 4,840 1,780 12,230 a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Azalea Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. 88
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