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