Question: Question 6 (7 marks) Using the following information, prepare a bank reconciliation for Biron Bay Ltd for 31 May. a. The bank statement balance

Question 6 (7 marks) Using the following information, prepare a bank reconciliation

Question 6 (7 marks) Using the following information, prepare a bank reconciliation for Biron Bay Ltd for 31 May. a. The bank statement balance is $18,200. b. The cash account balance is $14,824. c. Outstanding cheques totalled $3,200. d. Deposits in transit are $600. e. The bank service charge is $24. f. ANSWER: Collection of note by bank, $800. I

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