The following data was collected for use in reconciling Photo Op Company's bank account Balance by bank $ 11,780 Balance for company records 9,825 bank service charges 55 Deposit in transit 1,730 cheque NSF 640 outstanding checks 4,380 a What is the adjusted balance on the bank reconciliation b Journalize any necessary entries for Photo Op Company based on bank reconciliation For a compound transaction, if an amount box does not require an entry, leave it blank

Question: The following data was collected for use in reconciling Photo Op. Company's bank account: Balance by bank $ 11,780 Balance for company records 9,825 bank

The following data was collected for use in reconciling Photo Op. Company's bank account:

Balance by bank	$ 11,780
Balance for company records	9,825
bank service charges	55
Deposit in transit	1,730
cheque NSF	640
outstanding checks	4,380

a. What is the adjusted balance on the bank reconciliation?

b. Journalize any necessary entries for Photo Op. Company based on bank reconciliation. For a compound transaction, if an amount box does not require an entry, leave it blank.

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