(Solved): Bank Reconciliation The following data were gathered to use in reconciling the bank account of Crys ...

Bank Reconciliation

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

Balance per bank	$28,240
Balance per company records	10,280
Bank service charges	60
Deposit in transit	6,500
Note collected by bank with $530 interest	11,170
Outstanding checks	13,350

Question Content Area

a.  What is the adjusted balance on the bank reconciliation?
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Bank Reconciliation The following data were gathered to use in reconciling the bank account of Crystal Company: a. What is the adjusted balance on the bank reconciliation? b. Journalize any necessary entries for Crystal Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank. The following revenue journal is for Westside Cleaners Inc. Assume that the beginning balances for the customer accounts were zero, except for Jordan Inc., which hac a \( \$ 955 \) beginning balance. In addition, there were no collections during the period. a. The \( \mathrm{T} \) account for Accounts Receivable and \( \mathrm{T} \) accounts for the four accounts needed in the customer ledger are below. b. Post to the \( \mathrm{T} \) accounts. c. Determine the balance in the accounts. Alpha GenCorp Hazmat Safety Co. Masco Co. Jordan Inc. d. Prepare a listing of the accounts receivable customer balances as of May \( 31,20 Y 3 \).