What is the adjusted balance of the bank reconciliation

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Question - The following data were gathered to use in reconciling the bank account of Faulkner Company

Balance per Bank 23900

Balance per Company records 8700

Bank Service Changes 50

Deposit in transit 5500

Note collected by bank with interest $ 450 9450

Outstanding check 11300

Required -

1. What is the adjusted balance of the bank reconciliation.

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

Reference no: EM132525275

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