Blossom Dating Services received its bank statement for the month of November. It showed that the...
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Blossom Dating Services received its bank statement for the month of November. It showed that the business has a credit balance of $17,100 as at 30 November 2021. Upon reviewing, the business discovered that deposit of $4,500 made on 30 November was not yet credited by the bank. It also discovered that a cheque of $660 received from a customer was erroneously added as $606 by the bank. In addition, the following issued cheques have not been presented to the bank: Cheque No. 424 431 434 Required: Amount ($). 505 1,230 2,100 Prepare the bank reconciliation statement as at 30 November 2021. Blossom Dating Services received its bank statement for the month of November. It showed that the business has a credit balance of $17,100 as at 30 November 2021. Upon reviewing, the business discovered that deposit of $4,500 made on 30 November was not yet credited by the bank. It also discovered that a cheque of $660 received from a customer was erroneously added as $606 by the bank. In addition, the following issued cheques have not been presented to the bank: Cheque No. 424 431 434 Required: Amount ($). 505 1,230 2,100 Prepare the bank reconciliation statement as at 30 November 2021.
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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