The following data were gathered to use in reconciling the bank account of Torres Company:
Balance per bank .............................................. $12,175
Balance per company records .................................. 9,480
Bank service charges ................................................ 50
Deposit in transit .................................................. 1,800
NSF check ........................................................... 1,250
Outstanding checks ................................................ 5,795
a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for Torres Company based on the bank reconciliation.