Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 23,360 Balance per company records 19,490 Bank service charges 110...


Bank Reconciliation<br>The following data were gathered to use in reconciling the bank account of Azalea Company:<br>Balance per bank<br>$ 23,360<br>Balance per company records<br>19,490<br>Bank service charges<br>110<br>Deposit in transit<br>3,440<br>NSF check<br>1,270<br>Outstanding checks<br>8,690<br>a. What is the adjusted balance on the bank reconciliation?<br>b. Journalize any necessary entries for Azalea Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.<br>

Extracted text: Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 23,360 Balance per company records 19,490 Bank service charges 110 Deposit in transit 3,440 NSF check 1,270 Outstanding checks 8,690 a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Azalea Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.

Jun 09, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here