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The following data were gathered to use in reconciling the bank account of Donovan Company: Balance per bank $9,945 Balance per company records 9,295 Bank

The following data were gathered to use in reconciling the bank account of Donovan Company:
Balance per bank $9,945
Balance per company records 9,295
Bank service charges 35
Deposit in transit 2,135
NSF check 1,820
Outstanding checks 4,640
Required:
a. What is the adjusted balance on the bank reconciliation?
b. On March 1, journalize any necessary entries for Donovan Company based on the bank reconciliation. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

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