5. Prepare Bank Reconciliation Statement on July 31" 2020 a) Shown below is the information needed to prepare Bank Reconciliation for coca & Banters Inc. on July 31 2020 b) At March 31, balance as per bank statement was Rs. 12,000 c) Balance as per company's records was Rs. 8,727 d) A deposit of 1515 made after banking hours on July 31" does not appear in the bank statement e) The following checks were remain un presented to the bank for payment: ) cheque no. 523 for Rs 3,000 g) cheque no.453 for Rs 1,950 h) A credit memoranda was included in the bank statement i.e. note receivables Rs.2200 collected by bank for company i) Two debit memoranda accompanied the bank statement; service charges for March of Rs. 2212 and a Rs.150 check marked NSF.

5. Prepare Bank Reconciliation Statement on July 31" 2020 a) Shown below is the information needed to prepare Bank Reconciliation for coca & Banters Inc. on July 31 2020 b) At March 31, balance as per bank statement was Rs. 12,000 c) Balance as per company's records was Rs. 8,727 d) A deposit of 1515 made after banking hours on July 31" does not appear in the bank statement e) The following checks were remain un presented to the bank for payment: ) cheque no. 523 for Rs 3,000 g) cheque no.453 for Rs 1,950 h) A credit memoranda was included in the bank statement i.e. note receivables Rs.2200 collected by bank for company i) Two debit memoranda accompanied the bank statement; service charges for March of Rs. 2212 and a Rs.150 check marked NSF.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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