Sandy Poglase, owner of Sandys Sandwiches, wants a bank reconciliation statement to be prepared for the month

Question:

Sandy Poglase, owner of Sandy’s Sandwiches, wants a bank reconciliation statement to be prepared for the month ended 31 March 2019 using the following information:

1. Final balance in the Cash at Bank account in the ledger of Sandy’s Sandwiches (after all entries arising from the bank statement had been entered) was $13 204.26 Dr.

2. Balance shown by the bank statement at 31 March was $13 155.10 Cr.

3. Cheques recorded in the cash payments journal but not presented to the bank for payment were as follows.

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4. A deposit of $1270.30 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 the bank reconciliation statement at 31 March 2019.

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Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780730363217

10th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfield

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