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The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank Balance per company records Bank service
The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank Balance per company records Bank service charges $18,650 9,410 30 Deposit in transit 3,300 Note collected by bank with $180 interest 5,100 Outstanding checks a. What is the adjusted balance on the bank reconciliation? 7,470 b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Accounts Payable Accounts Receivable Cash Short and Over Cash Interest Revenue
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