Bank
For company "E", the cash account (based on the company's data) shows a balance of €2,000 on December 31st. Receiving a copy of the deposit account from the bank, he finds that there is a balance of €1,800. Wanting to identify the cause of this discrepancy on December 31, he manages to gather the following data:
Examining the documents with cash movements from the accounting of the company "c" it emerged that, a check issued by the company "Β" amounting to €500 had not yet been paid by the bank, a deposit to the bank on December 31st of €150 had not been finalized and a check issued by the company to its supplier was entered incorrectly with an amount of €600 instead of the correct one worth €650.
In addition, it was found that in the statement of the bank account there are the following differences with the company's books: two uncovered checks from the company's customers totaling €450, a charge of €50 for printing the checks, an amount of €150 for commissions-expenses of the bank and finally, for interest-income the amount of €150.
Asked:
The drafting of the Statement of Agreement with the Bank
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