Reconcile the ledger balance with Bank statement balance for March 2022 a) cheques issued to suppliers for $1,650, but nor cleared at the bank b) Interest of $35 on balance paid by the bank, no entry eas recorded in the ledger c) Salary cheques for $8,460 were issued, but only $6,980 were cleared at the bank d) Customer directly deposited $380 in the bank, but no information was provided. e) Cheque received for $260, but entered as S620 in the cash ledger f) Manager withdrew cash of $250 for office use, but forgot to tell the acocuntant. Ledger balance on 1st March 2022 was $12, 845 and Bank statement balance was $15,780

Reconcile the ledger balance with Bank statement balance for March 2022 a) cheques issued to suppliers for $1,650, but nor cleared at the bank b) Interest of $35 on balance paid by the bank, no entry eas recorded in the ledger c) Salary cheques for $8,460 were issued, but only $6,980 were cleared at the bank d) Customer directly deposited $380 in the bank, but no information was provided. e) Cheque received for $260, but entered as S620 in the cash ledger f) Manager withdrew cash of $250 for office use, but forgot to tell the acocuntant. Ledger balance on 1st March 2022 was $12, 845 and Bank statement balance was $15,780

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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