Problem Solving.  1.  The accountant of Dos Company is preparing a bank reconciliation with the following information: bank balance, unadjusted ? ; book balance, unadjusted P80,000; DIT P14,000; outstanding checks P32,000; CM P19,000; and DM P8,000. How much is the adjusted book balance?  2. How much is the unadjusted bank balance of Dos Company?

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A:

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.