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Journalize any necessary entries for Donovan Company

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Reference no: EM132613596

Question - Bank reconciliation

The following data were gathered to use in reconciling the bank account of Donovan Company:

Balance per Bank $14.385

Balance per company records $11,200

Bank services charges $60

Deposit in transit $2,125

NSF Check $1,480

Outstanding Check $6,850

Required -

1. What is the adjusted balance on the bank reconciliation?

2. Journalize any necessary entries for Donovan Company based on the bank reconciliation.

Reference no: EM132613596

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