From the following particulars of Al Zahra LLC, prepare bank reconciliation statement as on Oct 31, 2020 a. Bank charges debited by Bank RO 2,500. b. Cheques issued but not presented for payment RO 10,125. c. Bank credited RO 2,000 for receiving interest through Electronic Clearing System. d. Cheques deposited into bank but credited on 15 Nov 2020 is RO 4,200. e. Bank balance as per passbook on 31 Oct is RO 55,250

From the following particulars of Al Zahra LLC, prepare bank reconciliation statement as on Oct 31, 2020 a. Bank charges debited by Bank RO 2,500. b. Cheques issued but not presented for payment RO 10,125. c. Bank credited RO 2,000 for receiving interest through Electronic Clearing System. d. Cheques deposited into bank but credited on 15 Nov 2020 is RO 4,200. e. Bank balance as per passbook on 31 Oct is RO 55,250

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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Question Prepare the bank reconciliation statement as at 30 April 2021.
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