PE 7-3B Bank reconciliation

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.