Question: Q NO 3:- It is March 31/2008 and AL- Rasheed Trading co. is ready to Prepare its March bank reconciliation. The following information is available:-

Q NO 3:- It is March 31/2008 and AL- Rasheed Trading

Q NO 3:- It is March 31/2008 and AL- Rasheed Trading co. is ready to Prepare its March bank reconciliation. The following information is available:- a- Company Cash Account C. Additional information: 1- The co. over stated one of its deposit by 9 , the bank record it correctly. 2. The bank cleared a 178 check as a 187 The error has not been corrected by the bank. 3- End of February: deposit in transit, 1550; check out standing , 4000 . Required :- 1- Based on The data given above, compute the march 31 , deposit in transit and cheeks out standing . 2- Prepare a bank reconciliation for Mach. Use Bank and book balance to correct cash balance format. 3- Give all journal entries that should be made based on your bank reconciliation

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