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Business, 06.07.2021 22:30 jaueuxsn

The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750
Balance per company records 19,140
Bank service charges 45
Deposit in transit 2,300
Note collected by bank with $200 interest 5,200
Outstanding checks 3,755

Required:
a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for Reddan Company based on the bank reconciliation.

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Answers: 2

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The following data were gathered to use in reconciling the bank account of Reddan Company: Balance...
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