From the information for R Broken given in figure 8.41, you are required to prepare a bank reconciliation statement and a cash balance summary. If any adjustments are required, assume that the bank statement is correct. However, after the bank statement was received the bank advised that the debit entry to F Disks should not have been to the account and would be adjusted by the bank on the next month’s statement.

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Bank Reconciliation Statement of R Broken as at 31 October 2022 Debit balance as per bank statement [31 October 2022] add Outstanding remittance receipts less Unpresented remittance payments Credit balance as per general ledger Bank account Chq 433581 Chq 433586 Chq 433589 459.39 305.86 35.85 (240.33) 517.72 277.39 801.10 (523.71)