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The following data were gathered to use in reconciling the bank account of Donovan Company $14,385 11.200 Balance per bank Balance per company records Bank service charges Deposit in transit NSF check 60 2.125 1.480 Outstanding checks 6,850 Required a. What is the adjusted balance on the bank reconciliation? b. On March 1, joumalize any necessary entries for Donovan Company based on the bank reconciation Refer to the chart or accounts for the exact wording of the account titles. CNOW joumala do not use Ines for journal explanations Every ine on a journal page is weed for debitor credit entries CNOW joumals will automatically indent a credit entry when a credit amount is entered Starting question a. What is the adjusted balance on the bank reconciliation? CHART OF ACCOUNTS Donovan Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 120 Accounts Receivable EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies 148 Store Supplies 151 Prepaid Insurance 516 Cash Short and Over 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 181 Land 533 Insurance Expense 101 Office Equipment 192 Accumulated Depreciation Office Equipment 193 Store Equipment 104 Accumulated Depreciation Store Equipment 534 Office Supplies Expense 535 Rent Expense 536 Repairs Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 222 Interest Payable 231 Salaries Payable 241 Sales Tax Payable 537 Selling Expenses 538 Store Supplies Expense 581 Depreciation Expense-Office Equipment 562 Depreciation Expense-Store Equipment 500 Miscellaneous Expense 710 Interest Expense

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