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The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank $ 17,050 Balance per company records 7,295

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

Balance per bank $ 17,050
Balance per company records 7,295
Bank service charges 45
Deposit in transit 2,750
Note collected by bank with $110 interest 5,050
Outstanding checks 7,500

a. What is the adjusted balance on the bank reconciliation?

b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. For a compound transaction, if an amount box does not require an entry, leave it blank.

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