The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank $ 17,400 Balance per company records 8,195 Bank service charges 45 Deposit in transit 3,100 Note collected by bank with $130 interest 4,900 Outstanding checks 7,450 Question Content Area a. What is the adjusted balance on the bank reconciliation? $fill in the blank 203a45094035fd6_1 Question Content Area b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select - - Select - - Select - - Select - - Select - - Select - - Select -
The following data were gathered to use in reconciling the bank account of Bradford Company: Balance per bank $ 17,400 Balance per company records 8,195 Bank service charges 45 Deposit in transit 3,100 Note collected by bank with $130 interest 4,900 Outstanding checks 7,450 Question Content Area a. What is the adjusted balance on the bank reconciliation? $fill in the blank 203a45094035fd6_1 Question Content Area b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select - - Select - - Select - - Select - - Select - - Select - - Select -
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The following data were gathered to use in reconciling the bank account of Bradford Company:
Balance per bank | $ 17,400 |
Balance per company records | 8,195 |
Bank service charges | 45 |
Deposit in transit | 3,100 |
Note collected by bank with $130 interest | 4,900 |
Outstanding checks | 7,450 |
Question Content Area
a. What is the adjusted balance on the bank reconciliation?
$fill in the blank 203a45094035fd6_1
Question Content Area
b. Journalize any necessary entries for Bradford Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
blank |
|
- Select - | - Select - |
|
- Select - | - Select - | |
|
- Select - | - Select - | |
|
- Select - | - Select - | |
|
- Select - | - Select - |
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education