Prepare a bank reconciliation statement from the following information, clearly identifying the balance as per the bank
Question:
Prepare a bank reconciliation statement from the following information, clearly identifying the balance as per the bank statement.
Transcribed Image Text:
Debit balance as per cash bock 1 898.34 Unpresented cheques 537.44 Uncredited bankings 914.57
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
To prepare a bank reconciliation statement we need to compare the transactions recorded in the bank statement with those in the cash book The purpose ...View the full answer
Answered By
Ma Kristhia Mae Fuerte
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
Question Posted:
Students also viewed these Business questions
-
Bank reconciliation. Prepare a bank reconciliation as of August 31 from the following information: a. The August 31 balance shown on the bank statement is $4,905. b. There is a deposit in transit of...
-
Prepare a bank reconciliation dated December 31, 2009, for Belton Company based on the following information: Balance per bank statement is $26,222. Balance per books is $24,641. The December bank...
-
These blocks are on a frictionless horizontal surface. The blocks are connected by massless strings with Teasions Te and Tr. 3.Ka 6K9F+ 169 42 87N Caculate the tension Te Te
-
A manufacturer of cases for sound equipment requires that holes be drilled for metal screws. The drill bits wear out and must be replaced; there is expense not only in the cost of the bits but also...
-
Write the complete and net ionic equations for the neutralization reaction between H2C2O4(s) and Sr(OH)2(aq). Assume the salt is insoluble.
-
Randall Corporation plans to borrow $233,000 for one year at 20 percent from the Waco State Bank. There is a 21 percent compensating balance requirement. Randall Corporation keeps minimum transaction...
-
What impact will a rise in volatility have on the value of a call option? And a drop in interest rates? And payment of a dividend? And the extension of the maturity of an option? And an upward...
-
Carson Holiday has a federal tax levy of $4,119.90 against him. If Holiday is married with three personal exemptions and had a take-home pay of $1,020.00 this week, how much would his employer take...
-
Determine the length of the hypotenuse. 30 16 Hypotenuse is
-
A bicycle component manufacturer produces hubs for bike wheels. Two processes are possible for manufacturing, and the parameters of each process are as follows: Assume that the daily demand for hubs...
-
Control accounts are used to help identify errors in the bookkeeping system. How does this happen?
-
A cheque received from a customer, A. Sobers, has been incorrectly posted to the account of G. Sobers. What type of error is this? A. Compensating error B. Error of commission C. Error of original...
-
You are a manager in a business valuation department planning a new client project to value a profitable, privately-owned chain of restaurants with $20 million in annual sales. In addition to you...
-
If you were appointed CM consultant how would you work with CEO and middle management to address the challenges & issues coming out of the adoption & move to AI at the company, Also, develop a step...
-
The goal is to link theory in HRM practices or programs. Your research is centered on employee engagement and organizational branding. Imagine that you are a new HRM manager providing a summary paper...
-
Can you explain to me and the rest of the class the importance of reviewing for routine messages? For instance, what considerations should you make and what are your primary goals? Please support...
-
During periods of internal business growth, what kind of employee training would be a good place to focus? What aspect you should do during this time period?
-
Are there different types of research used to identify market segments? If there are, can you provide three types of research that are used to identify market segments? Explain with the help of...
-
An article in the Economist observed that there were "some perturbing parallels between the gold standard and the euro." What parallels are there between the gold standard and the euro? What would...
-
B made an issue of 150,000 $1 ordinary shares at a premium of 20% the proceeds of which is received by cheque. What is the correct journal to record this? A. Bank Share capital Share premium B. Bank...
-
Your client, HillTop, is a retailer of women's clothing. It has increased sales during the holiday season by advertising gift cards for in-store and online use. HillTop has found that gift card...
-
Your client, Ecru Limited, uses a small sales force to solicit sales of its whole sale restaurant supplies. Ecru is based in State W, and the sales representatives are assigned territories in States...
-
Your client, Royal Corporation, generates significant interest income from its working capital liquid investments. Write a memo for the tax research file, discussing the planning opportunities...
-
ces Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a...
-
XYZ Corporation presents in its accounting books the following items related to its income: Sale income $2,000,000 Cost of Goods Sold (1,300,000) Savings account interest income 1,000 New York City...
-
Crane Company Division B recorded sales of $71,700, variable cost of goods sold of $49,600, variable selling expenses of $19,300, and fixed costs of $12,400, creating a loss from operations of...
Study smarter with the SolutionInn App