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The following data were gathered to use in reconciling the bank account of Faulkner Company Balance per Bank 23.900 Balance per Company records 8.700 Bank

The following data were gathered to use in reconciling the bank account of Faulkner Company

Balance per Bank

23.900

Balance per Company records

8.700

Bank Service Changes

50

Deposit in transit

5.500

Note collected by bank with interest $ 450

9.450

Outstanding check

11.300

What is the adjusted balance of the bank reconciliation

Journalized any necessary entries for Faulkner Company based on the bank reconciliation

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