Question: Answer both questions The following data were gathered to use in reconciling the bank account of Reddan Company: $25,750 19,140 Balance per bank Balance per

Answer both questions

Answer both questions The following data were gathered to use in reconciling

The following data were gathered to use in reconciling the bank account of Reddan Company: $25,750 19,140 Balance per bank Balance per company records Bank service charges Deposit in transit Note collected by bank with $200 interest Outstanding checks 2,300 5,200 3,755 Instructions 1. What is the adjusted balance on the bank reconciliation? 2. Journalize any necessary entries for Reddan Company based on the bank reconciliation

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