PE 7-3A Bank reconciliation
The following data were gathered to use in reconciling the bank account of Eves Company:
|
Balance per bank |
$13,450 |
|
Balance per company records |
11,655 |
|
Bank service charges |
45 |
|
Deposit in transit |
3,000 |
|
NSF check |
1,800 |
|
Outstanding checks |
6,640 |
a. What is the adjusted balance on the bank reconciliation?
b. Journalize any necessary entries for Eves Company based on the bank reconciliation.