3. Lim’s bank balance on July 1 was ₱20,475. Since then, she has made the following deposits: ₱10,800; ₱516; ₱2,323; and ₱1,974. She also issued the following checks: ₱39,371.60; ₱1,348; and ₱18,407. At the end of the month, she had to pay a bill in the amount of ₱12,429.40. What additional deposit did she have to make in order to still have a remaining balance of ₱10,110

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.