Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 05 Aug 2017 My Price 5.00

Conway Company

PE 7-3B Bank reconciliation

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

Balance per bank

$23,900

Balance per company records

8,700

Bank service charges

50

Deposit in transit

5,500

Note collected by bank with $450 interest

9,450

Outstanding checks

11,300

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

b. Journalize any necessary entries for Conway Company based on the bank reconciliation.

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Aug 2017 09:08 PM My Price 5.00

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