The following data were gathered to use in reconciling the bank account of torres company: Balance p

/in /by

The following data were gathered to use in reconciling the bank account of torres company:

Balance per bank $12,175
Balance per comany records 9,480
Bank service charges 50
Deposit in transit 1,800
NSF check 1,250
Outstanding checks 5,795

a. What is the adjusted balance on the bank reconcilitation?
b. Journalize any necessary entries for Torres Company based on the bank reconcilitation.