From the following particulars of Mark & Co. prepare a bank reconciliation statement as on August 31, 2017. 1. Balance as per the cash book $ 54,000. 2. $ 100 bank incidental charges debited to Anil & Co. account, which is not recorded in cash book. 3. Cheques for $ 5,400 is deposited in the bank but not yet collected by the bank. 4. A cheque for $ 20,000 is issued by Anil & Co. not presented for payment.
From the following particulars of Mark & Co. prepare a bank reconciliation statement as on August 31, 2017. 1. Balance as per the cash book $ 54,000. 2. $ 100 bank incidental charges debited to Anil & Co. account, which is not recorded in cash book. 3. Cheques for $ 5,400 is deposited in the bank but not yet collected by the bank. 4. A cheque for $ 20,000 is issued by Anil & Co. not presented for payment.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...
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From the following particulars of Mark & Co. prepare a
on August 31, 2017.
1. Balance as per the
2. $ 100 bank incidental charges debited to Anil & Co. account, which is not recorded
in cash book.
3. Cheques for $ 5,400 is deposited in the bank but not yet collected by the bank.
4. A cheque for $ 20,000 is issued by Anil & Co. not presented for payment.
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