Business, 05.11.2020 19:10 bleesedbeme
The following data were gathered to use in reconciling the bank account of Bradford Company:
Balance per bank $18,900
Balance per company records 11,045
Bank service charges 25
Deposit in transit 3,950
Note collected by bank with $100 interest 5,200
Outstanding checks 6,630
Required:
a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for Reddan Company based on the bank reconciliation.
Answers: 2
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The following data were gathered to use in reconciling the bank account of Bradford Company:
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