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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. 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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