The following data were gathered to use in reconciling the bank account of Dotson Company: Balance per bank $ 18,450 Balance per company records 10,320 Bank service charges s0 Deposit in transit 2,800 Note collected by bank with $190 interest 4,500 Outstanding checks 6,480 . What is the adjusted balance on the bank reconciliation?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Bank Reconciliation
1. BE.07.03.ALGO
The following data were gathered to use in reconciling the bank account of Dotson Company:
2. EX.07.16
Balance per bank
$ 18,450
3. EX.07.18.ALGO
Balance per company records
10,320
Bank service charges
50
4. EX.07.19.ALGO
Deposit in transit
2,800
5. EX.07.21.ALGO
Note collected by bank with $190 interest
4,500
Outstanding checks
6,480
6. EX.07.23
a. What is the adjusted balance on the bank reconciliation?
7. BE.07.04
8. EX.07.24.ALGO
b. Journalize any necessary entries for Dotson Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.
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Transcribed Image Text:Мy Home CengageNOWv2 | Online teach x b Search results for 'The followin X v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Tp E Apps Business FJC Course Home Canvas Cengage HPLIFE b Bartleby N Netflix h Hulu Disney+ YouTube * music SoundCloud Twitter 9 EddieC Movies FF O IFunny E chem 100 chem econ resear... P Family Matters iil >> Ch07 ICP II еBook Show Me How Calculator E Print Item Bank Reconciliation 1. BE.07.03.ALGO The following data were gathered to use in reconciling the bank account of Dotson Company: 2. EX.07.16 Balance per bank $ 18,450 3. EX.07.18.ALGO Balance per company records 10,320 Bank service charges 50 4. EX.07.19.ALGO Deposit in transit 2,800 5. EX.07.21.ALGO Note collected by bank with $190 interest 4,500 Outstanding checks 6,480 6. EX.07.23 a. What is the adjusted balance on the bank reconciliation? 7. BE.07.04 8. EX.07.24.ALGO b. Journalize any necessary entries for Dotson Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. Check My Work 5 more Check My Work uses remaining. Next Progress: 1/8 items Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading
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