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A aining Time: 1 hour, 01 minute, 07 seconds. stion Completion Status: QUESTION 2 QUESTION 2: BANK RECONCILIATION STATEMENT: 14 marks The cash balance in
A aining Time: 1 hour, 01 minute, 07 seconds. stion Completion Status: QUESTION 2 QUESTION 2: BANK RECONCILIATION STATEMENT: 14 marks The cash balance in the books of Modern Toys on August 31, 2019 was AED 57,500 The bank statement dated August 31, 2019 showed a balance of AED 49,200. The following information is also available: Cash Deposits of AED 1,800 made by the company has not yet been recorded by the bank. Three checks written by the company to pay its suppliers for a total of AED 3,500 has not yet been recorded by the bank The bank has made an error in recording deposits of AED 2,500. The recorded them by mistake as deposits of AED 5,200 During the month, the bank collected a Note receivable in the amount of AED 11,020 The bank deducted service charges of AED 190 during the month. NSF checks totaled AED 24,430 during the month. Instead of recording a payment of AED 1,200 for supplies, the company's accountant recorded it by mistake as a payment of AED 2,100 only Required: Prepare a bank reconciliation statement for the month of August 31, 2019 Modern Toys Co BANK RECONCILIATION STATEMENT AUGUST 31, 2019 Balance as per Bank Balance as per the books Save All Answers Click Save and Submit to save and submit. Click Save Al Answers to save all answers, 8 7 % 5 4 5
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