The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per

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

Balance per bank $18,250. Balance per company records 12,045. Bank service charges 30. Deposit in transit 3,500. Note collected by bank with $160 interest 4,160. Outstanding checks 5,575. A)What is the adjusted balance on the bank reconciliation? B) Journalize any necessary entries for Reddan Company based on the bank reconciliation.

Posted Date: Jun 16, 2024 09:38 PM

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The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per

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