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3) (8 marks) Marmidan Limited had the following accounting information available for December 31, 2017: Balance of bank account per the general ledger at Dec.
3) (8 marks) Marmidan Limited had the following accounting information available for December 31, 2017: Balance of bank account per the general ledger at Dec. 31, 2017 S 11.883 The following information was contained in the company's December 31, 2017 bank Balance of bank account per bank statement at Nov. 30, 2017 $ 8,910 104.950 113.860 Add: December deposits Deduct: Cheques paid in December - 101,400 Bank service charge Debit memo for electric bill 50 102,250 S 11610 A comparison of company records with the bank statement provided the following data: Balance of bank account per bank statement at Dec. 31, 2017 Deposits in transit Outstanding cheques At Dec. 31. 2017 $ 4,580 5,157 Required: I. Prepare the bank reconciliation for Marmidan Limited at December 31, 2017 and calculate the true bank balance
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