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

Balance per bank	$10,070
Balance per company records	9,225
Bank service charges	45
Deposit in transit	2,425
NSF check	1,680
Outstanding checks	4,995

Required:

a.	What is the adjusted balance on the bank reconciliation?
b.	On March 1, journalize any necessary entries for Donovan Company based on the bank reconciliation. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

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

b. On March 1, journalize any necessary entries for Donovan Company based on the bank reconciliation. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

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JOURNAL

ACCOUNTING EQUATION

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT	ASSETS	LIABILITIES	EQUITY
1
2
3