Bank statement showed $9130.63 However my cash at bank is $8826.27 due to a BPAY phone bill
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Question:
Bank statement showed $9130.63
However my cash at bank is $8826.27 due to a BPAY phone bill $304.36 has not been deducted in Jan bank statement.
In Bank Reconciliation, should I put $304.36 in outstanding withdraws?
Bank Reconciliation | ||
Closing balance as per bank statement | $9,130.63 | |
Plus outstanding deposits | $0.00 | |
Minus outstanding withdrawals | $304.36 |
Related Book For
Accounting Information Systems basic concepts and current issues
ISBN: 978-0078025334
3rd edition
Authors: Robert Hurt
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