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

Balance per bank	$ 17,750
Balance per company records	10,070
Bank service charges	20
Deposit in transit	3,500
Note collected by bank with $110 interest	4,750
Outstanding checks	6,450

a. What is the adjusted balance on the bank reconciliation? $fill in the blank 46f81ff3401ff88_1

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a. Set up two sections: one for the company cash account section and the other for the bank balance section. Determine the effect of the data on each section. Recall that when you are finished, the adjusted balances in the bank and company sections of the reconciliation must be equal. If not, an item has been overlooked or treated in error.

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.