Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 31,820 Balance per company records 26,550 Bank service charges 150 Deposit in transit 4,690 NSF check 1,730 Outstanding checks 11,840 Question Content Area a. What is the adjusted balance on the bank reconciliation? b. journalize any necessary entries for Azalea company based on the bank reconciliation.

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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.