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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 RO 6500 into bank of which cheques for Ro 4200 was credited on 15 Nov 2020 e-Bank balance as per passbook on 31 Oct is RO 55,500

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 RO 6500 into bank of which cheques for Ro 4200 was credited on 15 Nov 2020 e-Bank balance as per passbook on 31 Oct is RO 55,500

FINANCIAL ACCOUNTING
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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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 RO 6500 into bank of which cheques for Ro 4200 was credited on 15 Nov 2020

e-Bank balance as per passbook on 31 Oct is RO 55,500

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