On 31 January 2013 T Tripps bank statement showed an overdrawn balance of 111. However, the cash

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On 31 January 2013 T Tripp’s bank statement showed an overdrawn balance of £111.

However, the cash book contained two items that were not on the bank statement. There were unpresented cheques totalling £230 and lodgements not yet credited by the bank amounting to £404.

Produce a bank reconciliation statement and ascertain the balance on the cash book.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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