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the following particulars of Al Nava Industries LLC, prepare bank reconciliation statement as on December 31, 2018 -Bank balance as per cash book RO 32,500 -Cheques deposited into bank but not credited up to December 31, 2018 is RO 8,900. -Cheques issued but n

the following particulars of Al Nava Industries LLC, prepare bank reconciliation statement as on December 31, 2018 -Bank balance as per cash book RO 32,500 -Cheques deposited into bank but not credited up to December 31, 2018 is RO 8,900. -Cheques issued but n

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
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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Problems on Bank Reconciliation

Q1 From the following particulars of Al Nava Industries LLC, prepare bank reconciliation statement as on December 31, 2018

-Bank balance as per cash book RO 32,500

-Cheques deposited into bank but not credited up to December 31, 2018 is RO 8,900.

-Cheques issued but not presented for payment RO 12,500.*

-Bank credited RO 5,000 for receiving dividend through Electronic Clearing System. *

-Bank charges debited by Bank RO 400.

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