The following data were gathered to use in reconciling the bank account of Conway Company: Balance per

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The following data were gathered to use in reconciling the bank account of Conway Company:

Balance per bank $23,900

Balance per company records 8,700

Bank service charges 50

Deposit in transit 5,500

Note collected by bank with $450 interest 9,450

Outstanding checks 11,300

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

b. Journalize any necessary entries for Conway Company based on the bank reconciliation.

Posted Date: May 17, 2024 01:07 PM

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The following data were gathered to use in reconciling the bank account of Conway Company: Balance per

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