Question: Please answer it thanks Following is the information provided by Muqeem Co. at April 30, 2015 for preparation of bank reconciliation statement: (i) On April

Please answer it thanks Please answer it thanks Following is the information provided by Muqeem Co.

Following is the information provided by Muqeem Co. at April 30, 2015 for preparation of bank reconciliation statement: (i) On April 30, bank statement showed overdraft of Rs.8,500 and cash book had a balance of Rs. 13,650. (ii) Deposit in transit Rs.80,000. (iii) A debit memo for Rs.1,500 accompanied the bank statement for locker rent. The bank had erroneously charged this to Muqeem Co. instead of Muqeem Bros. (iv) The bank charged Rs.100 for services. (v) Outstanding cheques Rs.48,000. (vi) A direct remittance in bank account Rs.8,000 by a customer. (vii) Divident collected by the bank on behalf of the company Rs.3000 but not recorded in cash book. (viii) A cheque for Rs.720 of Azeem deposited in the bank was erroneously recorded in cash book Rs.270. REQUIRED: Prepare Bank Reconciliation Statement

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