mentSessionlLocator -assignment takeBi nt-take&inprogress-false; Show Me How Cal

Question

mentSessionlLocator -assignment takeBi nt-take&inprogress-false; Show Me How Calculator eBook Bank Reconciliatiorn The following data were gathered to use in reconciling the bank acount of Dotson Company Print Itenm Balance per bank Balance per company records Bank service charges Deposit in transit NSF check Outstanding checks a. What is the adjusted balance on the bank reconciliation? $ 28,700 23,945 135 4,230 1,560 10,680 b. Journalize any necessary entries for Dotson Company based on the bank reconciliation. For a compound transaction, if an amount box does not require an entry, leave it blank

Explanation / Answer

1) Adjusted bank balance = 23945-135-1560 = 22250

Journal entry :

Note : Please post each question individually as per chegg policy

Date Account and explanation debit credit Account receivable 1560 Bank service fees 135 Cash 1695 (To record adjusting entry)

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