Bank Reconciliation The following data were gathered to use in reconciling the bank account of...
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Accounting
Bank Reconciliation The following data were gathered to use in reconciling the bank account of McCurdy Company: Balance per bank Balance per company records Bank service charges Deposit in transit Note collected by bank with $120 interest 5,450 Outstanding checks a. What is the adjusted balance on the bank reconciliation? $17,900 8,605 45 3,150 7,040 14,010 b. Journalize any necessary entries for McCurdy Company based on the bank reconciliation. For a compound transaction, if an amount box does not require an entry, leave it blank. Accounts Receivable Miscellaneous Expense Cash ccounting numeric field Check My Work 2 more Check hly Work uses remaining 2 more Check My Work uses remaining Previous Next
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