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The following data were gathered to use in reconciling the bank account of torres company: Balance per bank $12,175 Balance per comany records 9,480 Bank

The following data were gathered to use in reconciling the bank account of torres company:

Balance per bank $12,175 Balance per comany records 9,480 Bank service charges 50 Deposit in transit 1,800 NSF check 1,250 Outstanding checks 5,795

a. What is the adjusted balance on the bank reconcilitation? b. Journalize any necessary entries for Torres Company based on the bank reconcilitation.

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