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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.

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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Calculation Question: Question 4 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.
Transcribed Image Text:Calculation Question: Question 4 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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