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The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 23,360 Balance per company records 19,490 Bank service charges 110 Deposit in transit 3,440 NSF check 1,270 Outstanding checks 8,690 a. What is the adjusted balance on the bank reconciliation? 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. 00

The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 23,360 Balance per company records 19,490 Bank service charges 110 Deposit in transit 3,440 NSF check 1,270 Outstanding checks 8,690 a. What is the adjusted balance on the bank reconciliation? 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. 00

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter7: Internal Control And Cash
Section: Chapter Questions
Problem 3BE
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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 23,360 Balance per company records 19,490 Bank service charges 110 Deposit in transit 3,440 NSF check 1,270 Outstanding checks 8,690 a. What is the adjusted balance on the bank reconciliation? 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.
Transcribed Image Text:Bank Reconciliation The following data were gathered to use in reconciling the bank account of Azalea Company: Balance per bank $ 23,360 Balance per company records 19,490 Bank service charges 110 Deposit in transit 3,440 NSF check 1,270 Outstanding checks 8,690 a. What is the adjusted balance on the bank reconciliation? 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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