Question: The following data were gathered to use in reconciling the

The following data were gathered to use in reconciling the bank account of Eves Company:
Balance per bank ........... $13,450
Balance per company records...... 11,655
Bank service charges.......... 45
Deposit in transit ............. 3,000
NSF check ............. 1,800
Outstanding checks ......... 6,640

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


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  • CreatedFebruary 28, 2014
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