Using the June Bank Reconciliation information, the Cash Receipts and Payments Journals and Bank Statement, please prepare the below Bank Reconciliation for the month of July 20XX. Please make sure you have addressed all of the requirements in the question especially referencing the need to address cash receipts and payments and as well as the bank statement.

 

 

  

 

  

 

Transcribed Image Text:

Ace Real Estate TRUST BANK RECONCILIATION AS AT 30/6/20XX Balance as per bank statement 30/6/20XX Add: Outstanding Deposits 30/6/XX Subtotal: Deduct: Outstanding Payments 22/6/XX 2344 23/6/XX 2348 23/6/XX 2350 26/6/XX 2352 27/6/XX EFT#445 Total Subtotal: Adjustments Adjusted Bank Balance $ 1500.00 $ 150.00 $1520.00 $ 1860.00 $ 141.00 $ 2643.25 $6294.25 $73,734.96 $75254.96 $68,960.71 $68960.71 Ace Real Estate TRUST BANK RECONCILIATION AS AT 30/6/20XX Balance as per bank statement 30/6/20XX Add: Outstanding Deposits 30/6/XX Subtotal: Deduct: Outstanding Payments 22/6/XX 2344 23/6/XX 2348 23/6/XX 2350 26/6/XX 2352 27/6/XX EFT#445 Total Subtotal: Adjustments Adjusted Bank Balance $ 1500.00 $ 150.00 $1520.00 $ 1860.00 $ 141.00 $ 2643.25 $6294.25 $73,734.96 $75254.96 $68,960.71 $68960.71