FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Bank Reconciliation
The following data were gathered to use in reconciling the bank account of Azalea Company:
Balance per bank | $ 17,650 |
Balance per company records | 9,205 |
Bank service charges | 45 |
Deposit in transit | 2,500 |
Note collected by bank with $100 interest | 4,600 |
Outstanding checks | 6,390 |
a. What is the adjusted balance on the bank reconciliation?
$fill in the blank a25dde048031fb9_1
b. Journalize any necessary entries for Azalea Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
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