The following data were gathered to use in reconciling the bank account of McCurdy Company: Balance per bank $ 26,510 Balance per company records 22,115 Bank service charges 125 Deposit in transit 3,900 NSF check 1,440 Outstanding checks 9,860 Question Content Area a.  What is the adjusted balance on the bank reconciliation?   Question Content Area b.  Journalize any necessary entries for McCurdy Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.