Question: LO 8 . 6 Using the following information, prepare a bank reconciliation. Bank balance: $ 3 , 7 0 0 Book balance: $ 3 ,

LO 8.6 Using the following information, prepare a bank reconciliation.
Bank balance: $3,700
Book balance: $3,554
Deposits in transit: $321
Outstanding checks: $10B and $334
Bank charges: $25
Interest earned: $50
\table[[\table[[Bank Statement Balance at month],[end:]],$ type your answer...,\table[[Book Balance at],[month end:]],$ type your answer.-],[Deposits in Transit,type your answer...,Interest Earned,type your answer...],[Outstanding Checks,type your answer...,Bank Charges,type your answer..],[Adjusted Bank Balance,$ type your answer...,\table[[Adjusted Book],[Balance]],$ type your answer..]]
After reconciling the bank account, the Accountant would record a journal entry that would choose your answer.Bank Charges expense for $25, Interest Revenue for $50, and choose your answer. Cashfors $25.

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