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The following data were gathered to use in reconciling the bank account of Crystal Company: Balance per bank Balance per company records Bank service charges
The following data were gathered to use in reconciling the bank account of Crystal Company: Balance per bank Balance per company records Bank service charges Deposit in transit Note collected by bank with $530 interest Outstanding checks $28,240 10,280 60 6,500 11,170 13,350 a. What is the adjusted balance on the bank reconciliation? $ b. Journalize any necessary entries for Crystal Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. k
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