Mr. Sanjay Dutt, owner of Sanjay Dutt Productions, wants a bank reconciliation statement t be prepared for the month ended 31 December 2012 using the following information: 1. Final balance in the cash at bank a/c in the ledger of Sanjay Dutt Productions (after al entries had been entered and adjusted) was $11,500 DR 2. Balance shown by the bank statement at 31 December was $10,450 3. Cheques recorded in the cash payments journal but that have not been presented to the bank for payment were: Cheque no: 10 $1,000 12 $2,150 15 $300 4. A deposit of $4,500 appears as a deposit in the cash receipts journal but had not been recorded by the bank at the date of the statement. Required: Prepare bank reconciliation statement as at 31 December 2012.
Mr. Sanjay Dutt, owner of Sanjay Dutt Productions, wants a bank reconciliation statement t be prepared for the month ended 31 December 2012 using the following information: 1. Final balance in the cash at bank a/c in the ledger of Sanjay Dutt Productions (after al entries had been entered and adjusted) was $11,500 DR 2. Balance shown by the bank statement at 31 December was $10,450 3. Cheques recorded in the cash payments journal but that have not been presented to the bank for payment were: Cheque no: 10 $1,000 12 $2,150 15 $300 4. A deposit of $4,500 appears as a deposit in the cash receipts journal but had not been recorded by the bank at the date of the statement. Required: Prepare bank reconciliation statement as at 31 December 2012.
Chapter1: Financial Statements And Business Decisions
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Mr. Sanjay Dutt, owner of Sanjay Dutt Productions, wants a bank reconciliation statement to
be prepared for the month ended 31 December 2012 using the following information:
1. Final balance in the cash at bank a/c in the ledger of Sanjay Dutt Productions (after all
entries had been entered and adjusted) was $11,500 DR
2. Balance shown by the bank statement at 31 December was $10,450
3. Cheques recorded in the cash payments journal but that have not been presented to the
bank for payment were:
Cheque no:
10
$1,000
12
$2,150
15
$300
4. A deposit of $4,500 appears as a deposit in the cash receipts journal but had not been
recorded by the bank at the date of the statement.
Required: Prepare bank reconciliation statement as at 31 December 2012.
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