BANK STATEMENT |
|||||||||||
Date | Checks | Deposits | Other | Balance | |||||||
May 1 | $ | 520 | |||||||||
4 | #2 | $ | 90 | $ | 130 | 560 | |||||
12 | #4 | 180 | NSF Check $130 | 250 | |||||||
28 | #5 | 100 | 150 | ||||||||
30 | #6 | 95 | 520 | 575 | |||||||
May 31 | #8 | 135 | Service charge 85 | 355 |
Cash (A) |
May 1 | 520 | |||
May 3 | 130 | 90 | May 3 #2 | |
90 | May 4 #3 | |||
180 | May 8 #4 | |||
100 | May 11 #5 | |||
95 | May 21 #6 | |||
May 29 | 520 | 105 | May 29 #7 | |
May 30 | 310 | 135 | May 30 #8 | |
May 31 | 685 |
|
|
Solution :
Bank Reconciliation - May 31 | |||
Bank's Cash balance | Company's cash balance | ||
Particulars | Amount | Particulars | Amount |
Ending balance as per Bank Statements | $355.00 | Ending Balance as per cash books | $685.00 |
Additions: | Additions: | ||
Outstanding deposit - May 31 | $310.00 | ||
Deductions: | Deductions: | ||
Outstanding Checks - 3 | $90.00 | NSF Cheque | $130.00 |
Outstanding Checks - 7 | $105.00 | Service Charge | $85.00 |
Up to date cash balance as per bank | $470.00 | Up to date cash balance as per books | $470.00 |
Get Answers For Free
Most questions answered within 1 hours.