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Bank reconciliation
The following data were gathered to use in reconciling the bank account of Reddan Company:
| Balance per bank | $ 17,850 |
| Balance per company records | 8,870 |
| Bank service charges | 40 |
| Deposit in transit | 3,900 |
| Note collected by bank with $190 interest | 5,500 |
| Outstanding checks | 7,420 |
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.
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