The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank Balance per company records $17,500 8,545 Bank service charges 45 Deposit in transit 2,650 Note collected by bank with $120 interest 5,400 Outstanding checks 6,250 Instructions a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Reddan Company based on the bank reconciliation. Refer to the Chart of Accounts for exact wording of account titles.