As accountant for J. Stojanovic & Son, you are required to perform a bank reconciliation at the
Question:
As accountant for J. Stojanovic & Son, you are required to perform a bank reconciliation at the end of June 2019. The bank reconciliation statement for the previous month is set out below.
Abridged cash receipts and cash payments journals before finalisation and posting are as follows.
The following is a copy of the bank statement for the month of June 2019.
Required
(a) Complete the cash journals, amending or adding to them as necessary, and post the cash at bank totals to the Cash at Bank account.
(b) Prepare the Cash at Bank account showing the final balance at 30 June 2019.
(c) Prepare the bank reconciliation statement as at 30 June 2019.
Step by Step Answer:
Financial Accounting
ISBN: 9780730363217
10th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfield